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): September 15, 2023
Jerash Holdings (US), Inc.
(Exact name of registrant as specified in its charter)
Delaware | 001-38474 | 81-4701719 | ||
(State
or other jurisdiction of incorporation) |
(Commission File Number) | (IRS
Employer Identification No.) |
277 Fairfield Road, Suite 338, Fairfield, NJ | 07004 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (201) 285-7973
(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, par value $0.001 per share | JRSH | 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 Jerash Holdings (US), Inc. (the “Company”) held on September 15, 2023, the Company’s stockholders voted on the matter described below.
The Company’s stockholders elected five directors, each to serve until the 2024 annual meeting of stockholders and until their respective successors have been elected and qualified or until their earlier resignation or removal. The number of shares that (a) voted for the election of each director and (b) withheld authority to vote for each director is summarized in the table below:
Director Nominee | Votes For | Votes Withheld | ||
Choi Lin Hung | 8,056,657 | 68,916 | ||
Wei (“Kitty”) Yang | 8,063,621 | 61,952 | ||
Ibrahim H. Saif | 8,031,857 | 93,716 | ||
Bill Korn | 7,995,263 | 130,310 | ||
Mak Chi Yan | 7,985,586 | 139,987 |
There were 0 broker non-votes with respect to the election of each director. Broker non-votes represent shares held by broker nominees for beneficial owners that were not voted because the broker nominee did not receive voting instructions from the beneficial owner and lacked discretionary authority to vote the shares on a non-routine proposal.
Item 8.01 Other Events.
On September 18, 2023, the Company issued a press release to announce the results of its annual meeting of stockholders held on September 15, 2023. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number |
Exhibit | |
99.1 | Press Release dated September 18, 2023 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
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.
JERASH HOLDINGS (US), INC. | ||
September 18, 2023 | By: | /s/ Choi Lin Hung |
Choi Lin Hung | ||
Chairman of the Board of Directors, Chief Executive Officer, President, and Treasurer |
2
Exhibit 99.1
Jerash Holdings Announces Results of 2023 Annual Meeting of Stockholders
FAIRFIELD, NJ, September 18, 2023 - Jerash Holdings (US), Inc. (Nasdaq: JRSH) (the “Company” or “Jerash”), which manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands, today announced the results of its annual meeting of stockholders, conducted on September 15, 2023:
All five nominated directors submitted for stockholder approval were re-elected, including: Choi Lin Hung; Wei (“Kitty”) Yang; Ibrahim H. Saif; Bill Korn; and Mak Chi Yan. The directors will serve one-year terms until the 2024 annual meeting of stockholders.
About Jerash Holdings (US), Inc.
Jerash Holdings manufactures and exports custom, ready-made, sportswear and outerwear for leading global brands and retailers, including VF Corporation (which owns brands such as The North Face, Timberland, and Vans), New Balance, G-III (which licenses brands such as Calvin Klein, Tommy Hilfiger, DKNY, and Guess), American Eagle, and Skechers. Jerash’s existing production facilities comprise six factory units and four warehouses, and Jerash currently employs approximately 5,000 people. Additional information is available at www.jerashholdings.com.
# # #
Contact:
PondelWilkinson Inc.
Judy Lin or Roger Pondel
310-279-5980
jlin@pondel.com