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) June 8, 2022
SHINECO, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 001-37776 | 52-2175898 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
Room 3310, North Tower, Zhengda Center, No. 20,Jinhe East Road, Chaoyang District Beijing, People’s Republic of China |
100020 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (+86) 10-59246103
(Former name or former address, if changed since last report)
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)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Common Stock | SISI | The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
At the annual meeting of stockholders of Shineco, Inc. (the “Company”) held on June 8, 2022, the Company’s stockholders voted on the matters described below.
| 1. | The Company’s stockholders elected seven directors, each to serve until his/her successor is duly elected and qualified at the 2023 Annual Meeting of Stockholders or until his/her earlier resignation or removal. The number of shares that (a) voted for the election of each director, (b) voted against the election of each director, and (c) withheld authority to vote for each director is summarized in the table below: |
| Director Nominee | Votes For | Votes Against | Votes Withheld | |||
| Mike Zhao | 6,191,903 | 73 | 160 | |||
| Sai (Sam) Wang | 6,191,903 | 73 | 160 | |||
| Jennifer Zhan | 6,191,331 | 73 | 160 | |||
| Jin Liu | 6,191,331 | 73 | 160 | |||
| Yanzeng An | 6,061,428 | 73 | 160 | |||
| Xiqiao Liu | 6,191,331 | 146 | 320 | |||
| Hu Li | 6,130,456 | 73 | 160 |
| 2. | The Company’s stockholder held an advisory vote on the compensation of the named executive officers. The number of shares that voted for, against, and withheld from voting for this proposal is summarized in the table below: |
| Votes For | Votes Against | Votes Withheld | ||
| 6,173,776 | 784 | 17,004 |
| 3. | The Company’s stockholders recommend, on a non-binding advisory basis, the frequency of future advisory votes on the compensation of the Company’s named executive officers. The number of shares that voted for this proposal is summarized in the table below: |
| One Year | Two Year | Three Year | ||
| 1,281,945 | 1,291 | 5,184,860 |
| 4. | The Company’s stockholders ratified the appointment of Assensture PAC as the independent registered public accounting firm of the Company for the fiscal year ending June 30, 2022. The number of shares that voted for, against, and withheld from voting for this proposal is summarized in the table below: |
| Votes For | Votes Against | Votes Withheld | ||
| 6,961,712 | 107 | 17,004 |
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.
Dated: June 13, 2022
| SHINECO, INC. | ||
| By: | /s/ Jennifer Zhan | |
| Name: | Jennifer Zhan | |
| Title: | Chief Executive Officer | |