UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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 14, 2024

 

STRYVE FOODS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware		001-38785		87-1760117
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification Number)

 

Post Office Box 864 Frisco, TX		75034
(Address of principal executive offices)		(Zip Code)

 

Registrant’s telephone number, including area code: (972) 987-5130

 

Not Applicable

(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
Class A Common Stock		SNAX		The Nasdaq Stock Market LLC
Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share		SNAXW		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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On June 14, 2024, the stockholders of Stryve Foods, Inc. (the “Company”) approved the amended and restated 2021 Omnibus Incentive Plan (the “Plan”) authorizing the Company to issue up to an additional 400,000 shares of its Class A common stock and to add an automatic annual increase in the number of shares authorized for issuance. The Plan was filed as Appendix A to the Company’s definitive proxy statement filed April 29, 2024, and the terms thereof are incorporated herein by reference.

 

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

 

At the 2024 Annual Meeting of Stockholders of the Company held on June 14, 2024 (the “Annual Meeting”), the matters voted upon, and the number of votes cast for or against, as well as the number of abstentions and broker non-votes as to such matters, were as stated below. The proposals related to each matter are described in the Company’s definitive proxy statement for the Annual Meeting, which was filed on April 29, 2024.

 

Proposal 1 – Election of Directors

 

The Company’s stockholders elected the following nominees for director to serve three-year terms expiring at the Company’s 2027 Annual Meeting of Stockholders and until such director’s successor is duly elected or appointed and qualified or, if earlier, such director’s earlier death, resignation or removal:

 

Nominee		For		Withhold		Broker Non-Votes
Christopher Boever		813,039		27,946		1,274,061
Chris Whitehair		812,897		27,965		1,274,184

 

Proposal 2 – Ratification of the Appointment of Independent Registered Public Accounting Firm

 

The Company’s stockholders ratified the appointment of Marcum LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 by the following vote:

 

For		Against		Abstentions		Broker Non-Votes
2,070,625		43,847		574		-

 

Proposal 3 – Amendment to Omnibus Incentive Plan

 

The Company’s stockholders approved the proposal to amend and restate the Plan to increase the number of shares for issuance by 400,000 shares of Class A common stock and to add an automatic annual increase in the number of shares authorized for issuance by the following vote:

 

For		Against		Abstentions		Broker Non-Votes
669,791		163,784		7,500		1,273,971

 

Item 9.01(d) Financial Statements and Exhibits.

 

Exhibit 10.1		Second Amended and Restated Omnibus Incentive Plan (incorporated by reference from Appendix A to the Company’s definitive proxy statement filed April 29, 2024)
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

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 14, 2024

 

	STRYVE FOODS, INC.
	By:	/s/ Christopher Boever
	Name:	Christopher Boever
	Title:	Chief Executive Officer