UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 19, 2016

 

AKERS BIOSCIENCES, INC.

(Exact name of registrant as specified in its charter)

 

New Jersey   333-190456   22-2983783
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

201 Grove Road

Thorofare, NJ 08086

(Address of Principal Executive Offices)

 

(856) 848-2116

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 
 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

On December 19, 2016, Akers Biosciences, Inc. (the “Company”) held its 2016 annual meeting of stockholders (the “Annual Meeting”). Greater than 33.34% of the shares of common stock outstanding and entitled to vote at the Annual Meeting were present in person or by proxy thereby constituting a quorum.

 

The matters that were voted upon at the Annual Meeting, and the number of votes cast for or against/withheld, as well as the number of abstentions, as to such matters, where applicable, are set forth in the table below. With respect to the election of Raymond F. Akers, Jr., Ph.D, Thomas Knox, Brandon Knox, Robert E. Andrews, and Raza Bokhari as directors to each serve a one-year term on the Board of Directors of the Company (the “Board”) and until each of their successors is elected and qualified, each nominee received the number of votes set forth opposite his name.

 

    Number of Votes  
    Votes For     Votes Against/Withheld     Abstentions  
Election of Raymond F. Akers, Jr. Ph.D     1,114,807       44       32,768  
Election of Thomas Knox     1,035,180       308       112,113  
Election of Brandon Knox     993,380       308       153,913  
Election of Robert E. Andrews     1,035,295       308       111,998  
Election of Raza Bokhari    

1,007,980

      308       139,313  
Ratification of Morison Cogen LLP, the Company’s independent registered public accountant, to audit the Company’s consolidated financial statements for 2016     1,928,133       349,744       2,000  
Non-binding advisory vote on the Company’s Executive Compensation     1,043,284       76,041       27,792  

 

On the basis of the above votes, (i) Raymond F. Akers, Jr., Ph.D, Thomas Knox, Brandon Knox, Robert E. Andrews, and Raza Bokhari were elected as members of the Board and (ii) the proposal to ratify the selection of Morison Cogen LLP, as the Company’s independent registered public accountant to audit its consolidated financial statements for 2016 was adopted.

 

The stockholders also voted a sufficient number of non-binding advisory votes to approve the Company’s executive compensation.

 

 
 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  AKERS BIOSCIENCES, INC.
   
Date: December 22, 2016 By: /s/ John J. Gormally
    John J. Gormally
    Chief Executive Officer