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

Date of Report: July 6, 2016
(Date of Earliest Event Reported: July 1, 2016)


Akorn, Inc.
(Exact Name of Registrant as Specified in its Charter)

 

Louisiana   001-32360   72-0717400
(State or other
Jurisdiction of
Incorporation)
 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

1925 W. Field Court, Suite 300
Lake Forest, Illinois 60045
(Address of principal executive offices)

 

(847) 279-6100
(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 (See General Instruction A.2. below):

 

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.

 

Akorn, Inc. (the “Company”) held its 2016 Annual Meeting of Shareholders on July 1, 2016.  The voting results on the proposals considered at the Annual Meeting are provided below.

 

Proposal 1: Each of the nominees described in the Company’s 2016 proxy statement was elected to serve as a director until the conclusion of the Company’s 2017 annual meeting of shareholders or until his or her successor is duly elected and qualified, with the voting results as follows:

 

   For  Withheld  Broker
Non-Votes
John N. Kapoor, Ph.D.  102,315,475  776,755  8,584,246
Kenneth S. Abramowitz  68,576,457  34,515,773  8,584,246
Adrienne L. Graves, Ph.D.  100,050,197  3,042,033  8,584,246
Ronald M. Johnson  66,621,146  36,471,084  8,584,246
Steven J. Meyer  66,379,618  36,712,612  8,584,246
Terry Allison Rappuhn  102,662,401  429,829  8,584,246
Brian Tambi  102,469,082  623,148  8,584,246
Alan Weinstein  90,666,071  12,426,159  8,584,246

 

 

Proposal 2: The Company’s appointment of BDO USA LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2016 was ratified, with the voting results as follows:


  For  Against  Abstentions  Broker
Non-Votes
  106,972,254  1,280,367  2,846,331  0


Proposal 3: The Company’s executive compensation program described in its 2016 proxy statement was approved on a non-binding advisory basis, with the voting results as follows:

For  Against  Abstentions 

Broker

Non-Votes

99,743,230  2,535,684  176,333  8,643,705

 

Item 8.01 Other Events.

 

The Company has received notification from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with Nasdaq Listing Rule 5250(c)(1) regarding filing periodic financial reports, the annual shareholder meeting and proxy solicitation rules, and other applicable requirements as required by the Panel’s decision dated January 12, 2016. Pursuant to their notification, the Panel determined to continue listing the Company’s securities on The Nasdaq Stock Market and closed the matter.

 

 

 
 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 

    Akorn, Inc.  
       
       
    By: /s/ Duane Portwood  
      Duane Portwood  
      Chief Financial Officer  
         
Date: July 6, 2016