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FONAR CORP Declaration of Voting Results & Voting Rights Announcements 2016

Jun 14, 2016

34213_rns_2016-06-14_d76c4929-5ea7-4c38-a80c-a63c352f50d6.zip

Declaration of Voting Results & Voting Rights Announcements

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8-K 1 fonar_annual-meeting.htm ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

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

Date of Report (Date of earliest event reported): June 13, 2016

FONAR CORPORATION
(Exact name of registrant as specified in its
charter)
DELAWARE 0-10248 11-2464137
(State or other jurisdiction of Incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.)
110 Marcus Drive Melville, New York 11747 (631) 694-2929
(Address, including zip code, and telephone number of registrant's principal executive office)

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

The Annual Meeting of Stockholders of Fonar Corporation (the "Company") was held at 10:00 a.m. on June 13, 2016 at the Double Tree Hotel, Wilmington Downtown, 700 King Street, Wilmington, Delaware 19801. At the meeting, the items of business were (1) the election of five directors, (2) on an advisory basis, the approval of the compensation of the Company’s named executive officers, (3) on an advisory basis, the recommendation whether the advisory vote to approve the compensation of the Company’s named executive officers be taken every year, every two years or every three years and (4) the ratification of the selection by the board of directors of Marcum LLP as the Company's auditors for the fiscal year ending June 30, 2016.

The stockholders elected Raymond V. Damadian, M.D., Claudette J. V. Chan, Robert J. Janoff, Charles N. O'Data and Ronald G. Lehman, all of whom were sitting directors, as the directors of the Company. The stockholders also approved the compensation of the named executive officers, recommended that the vote to approve the compensation of the executive officers be taken every year, and ratified the selection of Marcum LLP as the Company's auditors for the fiscal year ending June 30, 2016.

The votes for each of the nominees for director were as follows:

Nominee For Withheld Broker Non-Votes
Raymond V. Damadian 10,542,483 1,244,002 2,806,567
Claudette J.V. Chan 10,536,020 1,250,465 2,806,567
Robert J. Janoff 10,437,744 1,348,741 2,806,567
Charles N. O'Data 10,437,473 1,349,012 2,806,567
Ronald G. Lehman 10,453,110 1,333,375 2,806,567

The votes to approve, by non-binding vote, executive compensation were as follows:

For Against Abstain Broker Non-Votes
11,651,781 118,076 16,628 2,806,567

The votes recommending the frequency of the vote on executive compensation were as follows:

Every Year Every 2 Years Every 3 Years Broker Non-Votes
11,646,845 26,993 86,235 2,832,783

The votes for the ratification of Marcum LLP as the Company's auditors for the fiscal year ending June 30, 2016 were as follows:

For Against Abstain Broker Non-Votes
14,520,074 32,588 40,390 0

SIGNATURES

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

(Registrant)
By: /s/ Raymond Damadian
Raymond Damadian
Chairman
Dated: June 14, 2016