UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

                                   

 

FORM 8-K

 

CURRENT REPORT

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

 

Date of Report (Date of earliest event reported):  September 22, 2017

 

ITUS CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

000-11254

11-2622630

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer

Identification No.)

 

 

3150 Almaden Expressway, Suite 250

San Jose, CA

95118

(Address of principal executive offices)

(Zip Code)

 

 

Registrant’s telephone number, including area code:  (408) 708-9808

                                                                                     

 

 

(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 to the registrant under any of the following provisions:

       

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

       

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

       

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

       

o 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 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   o

 

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.   o

 

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

 

            The Annual Meeting of Stockholders (the “Annual Meeting”) of ITUS Corporation (the “Company”) was held on Friday, September 22, 2017 at the DoubleTree Hotel, 2050 Gateway Place, San Jose, CA 95110.  Stockholders of record at the close of business on July 28, 2017 were entitled to one vote for each share of common stock held.  On July 28, 2017, there were 15,120,293 shares of common stock issued and outstanding.  At the Annual Meeting, the stockholders of the Company voted on the following proposals:

1. To elect five directors nominated by the Board of Directors (the “Board”) to serve for a one-year term that expires at the 2018 Annual Meeting of Stockholders, and until their successors are elected and qualified.  Each nominee for director was elected by a vote of the stockholders as follows:

 

For

Withheld

Broker Non-Votes

Dr. Amit Kumar

2,434,442

97,051

7,836,552

Bruce Johnson

2,430,197

101,276

7,836,552

Dr. John Monahan

2,428,795

102,678

7,836,552

Lewis H. Titterton, Jr.

2,436,996

94,477

7,836,552

Richard H. Williams

2,430,211

101,262

7,836,552

 

2. To ratify the appointment of Haskell & White LLP, an independent registered public accounting firm, as the Company’s independent auditors for fiscal year 2017.  The proposal was approved by a vote of stockholders as follows:

 

For

Against

Abstain

10,282,600

8,192

77,233

 

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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.

 

 

Dated: September 27, 2017

ITUS CORPORATION

By:   

/s/ Amit Kumar

Name: Dr. Amit Kumar

Title: President and Chief Executive Officer

 

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