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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): Decmeber 22, 2021

 

ASPEN GROUP, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-38175   27-1933597
(State or Other Jurisdiction   (Commission   (I.R.S. Employer
of Incorporation)   File Number)   Identification No.)

 

276 Fifth Avenue, Suite 505, New York, NY 10001

(Address of Principal Executive Office) (Zip Code)

 

(646) 448-5144

(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:

 

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))

 

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, $0.001 par value ASPU

The Nasdaq Stock Market

(The Nasdaq Global Market)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

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.

 

On December 22, 2021, Aspen Group, Inc. (the “Company”) held its Annual Meeting of Shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders voted on (i) the election of seven members of the Board of Directors for a one-year term expiring at the next annual meeting of shareholders (Proposal 1); (ii) approval of amendment to the Company’s 2018 Equity Incentive Plan (Proposal 2); and (iii) ratification of the selection of Salberg & Company, P.A. as the Company’s independent registered public accounting firm for the fiscal year ending April 30, 2022 (Proposal 3), as described in more detail in the Company’s definitive Proxy Statement filed with the Securities and Exchange Commission on November 5, 2021.

 

Set forth below are the voting results on each matter submitted to the shareholders at the Annual Meeting.

 

Proposal 1. The Company’s shareholders voted to elect the following seven individuals as directors to hold office until the next annual meeting of shareholders.

 

Nominee Votes For Votes Withheld Broker Non-Votes
Michael Mathews 12,373,295 534,359 4,878,922
Norman Dicks 10,274,233 2,633,421 4,878,922
Andrew Kaplan 12,342,558 565,096 4,878,922
Douglas Kass 12,338,173 569,481 4,878,922
Michael L. Koehneman 12,005,590 902,064 4,878,922
Dr. Joan Prince 10,308,244 2,599,410 4,878,922
Sanford Rich 12,164,439 743,215 4,878,922

 

 

Proposal 2. The Company’s shareholders voted to amend the Company’s 2018 Equity Incentive Plan to increase the number of shares of common stock available for issuance under the Plan from 1,600,000 to 2,350,000 shares.

 

Votes For Votes Against Abstentions Broker Non-Votes
11,248,893 1,651,766 6,995 4,878,922

 

Proposal 3. The Company’s shareholders voted to ratify the selection of Salberg & Company, P.A. as the Company’s independent registered public accounting firm for the fiscal year ending April 30, 2022.

 

Votes For Votes Against Abstentions
17,703,254 30,999 52,323

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

  

Exhibit
No.

 

Description

   
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.

 

  ASPEN GROUP, INC.  
       
Date:  December __, 2021 By: /s/ Michael Mathews  
    Name: Michael Mathews  
    Title:   Chief Executive Officer