ACM Research (NASDAQ: ACMR) stockholders elect directors and ratify 2026 auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
ACM Research, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on June 10, 2026. Holders of Class A and Class B shares representing 135,814,497 votes, or 84.32% of total voting power, were present in person or by proxy, establishing a strong quorum.
Stockholders elected four directors to serve until the 2027 annual meeting: David H. Wang, Haiping Dun, Tracy Liu, and Charles Pappis. Each nominee received over 117 million votes "for," with broker non-votes reported separately.
Stockholders also ratified the appointment of Ernst & Young Hua Ming LLP as independent auditor for the fiscal year ending December 31, 2026, with 135,717,653 votes for, 40,635 against, and 56,209 abstaining.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes represented: 135,814,497 votes
Voting power represented: 84.32%
Votes for David H. Wang: 122,956,333 votes
+5 more
8 metrics
Votes represented
135,814,497 votes
Total votes present at 2026 annual meeting
Voting power represented
84.32%
Share of total votes outstanding at meeting
Votes for David H. Wang
122,956,333 votes
Director election, Proposal 1
Votes for Haiping Dun
125,995,407 votes
Director election, Proposal 1
Votes for Tracy Liu
121,026,446 votes
Director election, Proposal 1
Votes for Charles Pappis
117,316,569 votes
Director election, Proposal 1
Votes for auditor ratification
135,717,653 votes
Ratification of Ernst & Young Hua Ming LLP for 2026
Votes against auditor ratification
40,635 votes
Ratification of Ernst & Young Hua Ming LLP for 2026
Key Terms
broker non-votes, independent auditor, proxy statement, Section 14(a) of the Securities Exchange Act of 1934, +2 more
6 terms
broker non-votes financial
"Nominee | For | Withhold | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent auditor financial
"ratified the appointment of Ernst & Young Hua Ming LLP as our independent auditor"
An independent auditor is an outside, qualified accounting professional or firm that examines a company's financial records and controls to determine whether its financial statements are accurate and prepared according to accepted accounting rules. Like a neutral referee or home inspector, the auditor issues a report that gives investors confidence (or raises red flags) about the reliability of the numbers, which affects assessments of risk, valuation and investment decisions.
proxy statement regulatory
"The board of directors solicited proxies pursuant to a proxy statement that we filed"
A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.
Section 14(a) of the Securities Exchange Act of 1934 regulatory
"filed with the Securities and Exchange Commission under Section 14(a) of the Securities Exchange Act of 1934"
Class A common stock financial
"Each share of Class A common stock was entitled to one vote"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B common stock financial
"each share of Class B common stock was entitled to twenty votes"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
What did ACMR stockholders vote on at the 2026 annual meeting?
Stockholders voted on electing four directors and ratifying the independent auditor. They chose David H. Wang, Haiping Dun, Tracy Liu, and Charles Pappis as directors, and approved Ernst & Young Hua Ming LLP as auditor for the fiscal year ending December 31, 2026.
How strong was ACMR’s stockholder turnout at the 2026 annual meeting?
The meeting had significant participation, with 135,814,497 votes represented. This equaled 84.32% of the total votes attributable to all outstanding Class A and Class B shares, indicating a high level of stockholder engagement in voting matters.
Who was elected to ACMR’s board of directors in 2026 and how many votes did they receive?
Four directors were elected: David H. Wang, Haiping Dun, Tracy Liu, and Charles Pappis. Each nominee received more than 117 million votes "for," with separate tallies for withheld votes and broker non-votes disclosed in the results table.
How did ACMR stockholders vote on the ratification of Ernst & Young Hua Ming LLP?
Stockholders strongly supported ratifying Ernst & Young Hua Ming LLP as independent auditor for 2026. The proposal received 135,717,653 votes for, 40,635 votes against, and 56,209 abstentions, confirming the firm’s appointment for the fiscal year.
When will the newly elected ACMR directors serve until?
Each of the four elected directors will serve until the 2027 Annual Meeting of Stockholders. They will continue in office until that meeting and until their respective successors are duly elected and qualified under the company’s governance structure.