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)
March 22,
2018
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LEVEL BRANDS, INC.
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(Exact name of registrant as specified in its charter)
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North Carolina
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001-38299
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47-3414576
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(State or other jurisdiction of incorporation or
organization)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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4521 Sharon Road, Suite 407, Charlotte, NC 28211
(Address of principal executive offices)(Zip Code)
Registrant's
telephone number, including area code: (704) 445-5800
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not applicable
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(Former name or former address, if changed since last
report)
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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))
Indicate by check mark whether the registrant is an emerging growth
company as defined in 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).
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Emerging
growth company ☑
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If an
emerging growth company, indicate by checkmark 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 Matters.
On March 22, 2018, Level Brands, Inc. held its 2018 annual meeting
of shareholders where four proposals were voted upon. The proposals
are described in detail in our definitive proxy statement filed
with the Securities and Exchange Commission on January 29, 2018. Of
the 8,028,928 shares of common
stock outstanding and entitled to vote at the annual meeting,
5,027,427 shares (or 62.61%), constituting a quorum, were
represented in person or by proxy at the 2018 annual meeting. The
final vote on the proposals was recorded as
follows:
Proposal 1: The following
directors were elected at the 2018 annual meeting of shareholder to
hold office upon their acceptance until the 2019 annual meeting or
their earlier resignation, removal or death:
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For
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Against
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Abstain
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Martin A.
Sumichrast
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4,358,655
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25,713
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Erik
Sterling
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4,365,155
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19,213
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Anthony K.
Shriver
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4,360,155
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24,213
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Seymour G.
Siegel
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4,365,155
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19,213
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Bakari
Sellers
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4,367,155
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17,213
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Gregory C.
Morris
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4,367,155
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17,213
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G. Tyler
Runnels
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4,362,155
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22,213
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Proposal 2: The appointment
of Cherry Bekaert LLP as our independent registered public
accounting firm was ratified, based upon the following final
tabulation of votes:
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For
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Against
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Abstain
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4,985,568
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10,323
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31,536
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Proposal 3: The non-binding
advisory vote on the frequency of holding the Say On Pay Vote (Say
On Pay Frequency) received the following votes:
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One
Year
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Two
Years
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Three
Years
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Abstain
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1,473,809
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635,790
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2,230,599
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44,170
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Proposal 4: The non-binding
advisory vote on executive compensation received the following
votes::
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For
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Against
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Abstain
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4,315,154
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31,710
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37,504
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2
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.
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LEVEL BRANDS,
INC.
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Date: March 22,
2018
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By:
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/s/
Mark
Elliott
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Chief Financial Officer and Chief Operating Officer |
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