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[8-K] GEN Restaurant Group, Inc. Reports Material Event

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Rhea-AI Filing Summary

GEN Restaurant Group held its 2025 Annual Meeting of Stockholders virtually on June 18, 2025, with 99% of voting power present, constituting a quorum. Two key proposals were voted on:

  • Director Election: David Kim was elected as Class III director, receiving 277,653,664 votes in favor, with 201,799 abstentions and 1,670,039 broker non-votes. He will serve until the 2028 Annual Meeting.
  • Auditor Appointment: Stockholders ratified CBIZ CPAs P.C. as the independent registered public accounting firm for FY2025, with 278,837,899 votes in favor, 282,372 against, and 405,231 abstentions.

The company's dual-class structure grants Class A shares one vote per share and Class B shares ten votes per share. The meeting had 5,038,461 Class A shares and 27,761,515 Class B shares represented. GEN Restaurant Group is classified as an emerging growth company trading on Nasdaq Global Market under symbol GENK.

Il GEN Restaurant Group ha tenuto la sua Assemblea Annuale degli Azionisti 2025 in modalità virtuale il 18 giugno 2025, con la presenza di il 99% del potere di voto, raggiungendo il quorum. Sono state votate due proposte principali:

  • Elezione del Direttore: David Kim è stato eletto come direttore della Classe III, ottenendo 277.653.664 voti favorevoli, con 201.799 astensioni e 1.670.039 voti non espressi dai broker. Rimarrà in carica fino all'Assemblea Annuale del 2028.
  • Nomina del Revisore: Gli azionisti hanno ratificato CBIZ CPAs P.C. come società di revisione contabile indipendente per l'anno fiscale 2025, con 278.837.899 voti favorevoli, 282.372 contrari e 405.231 astensioni.

La struttura a doppia classe della società assegna un voto per azione alle azioni di Classe A e dieci voti per azione alle azioni di Classe B. All’assemblea erano rappresentate 5.038.461 azioni di Classe A e 27.761.515 azioni di Classe B. GEN Restaurant Group è classificata come società in crescita emergente e negozia sul Nasdaq Global Market con il simbolo GENK.

GEN Restaurant Group celebró su Junta Anual de Accionistas 2025 de manera virtual el 18 de junio de 2025, con la presencia del 99% del poder de voto, constituyendo quórum. Se votaron dos propuestas clave:

  • Elección de Director: David Kim fue elegido como director de la Clase III, recibiendo 277,653,664 votos a favor, con 201,799 abstenciones y 1,670,039 votos no emitidos por corredores. Servirá hasta la Junta Anual de 2028.
  • Nombramiento de Auditor: Los accionistas ratificaron a CBIZ CPAs P.C. como la firma independiente de contabilidad registrada para el año fiscal 2025, con 278,837,899 votos a favor, 282,372 en contra y 405,231 abstenciones.

La estructura de doble clase de la compañía otorga un voto por acción a las acciones Clase A y diez votos por acción a las acciones Clase B. En la reunión se representaron 5,038,461 acciones Clase A y 27,761,515 acciones Clase B. GEN Restaurant Group está clasificada como una empresa emergente y cotiza en el Nasdaq Global Market bajo el símbolo GENK.

GEN Restaurant Group는 2025년 6월 18일 2025년 주주총회를 온라인으로 개최했으며, 99%의 의결권이 참석하여 정족수를 충족했습니다. 두 가지 주요 안건이 투표되었습니다:

  • 이사 선출: David Kim이 클래스 III 이사로 선출되었으며, 찬성 277,653,664표, 기권 201,799표, 중개인 무투표 1,670,039표를 받았습니다. 임기는 2028년 연례총회까지입니다.
  • 감사인 선임: 주주들은 2025 회계연도 독립 등록 공인회계법인으로 CBIZ CPAs P.C.를 승인했으며, 찬성 278,837,899표, 반대 282,372표, 기권 405,231표였습니다.

회사의 이중 클래스 구조는 클래스 A 주식 1주당 1표클래스 B 주식 1주당 10표를 부여합니다. 총회에는 5,038,461주 클래스 A 주식과 27,761,515주 클래스 B 주식이 대표되었습니다. GEN Restaurant Group은 신흥 성장 기업으로 분류되며, 나스닥 글로벌 마켓에서 GENK 심볼로 거래되고 있습니다.

Le GEN Restaurant Group a tenu son Assemblée Annuelle des Actionnaires 2025 virtuellement le 18 juin 2025, avec 99 % du pouvoir de vote présent, constituant un quorum. Deux propositions clés ont été soumises au vote :

  • Élection du Directeur : David Kim a été élu directeur de la Classe III, recevant 277 653 664 votes pour, avec 201 799 abstentions et 1 670 039 votes non exprimés par les courtiers. Il exercera son mandat jusqu'à l'Assemblée Annuelle de 2028.
  • Nomination de l’Auditeur : Les actionnaires ont ratifié CBIZ CPAs P.C. en tant que cabinet d’audit indépendant enregistré pour l’exercice 2025, avec 278 837 899 votes pour, 282 372 contre et 405 231 abstentions.

La structure à double catégorie de la société accorde une voix par action aux actions de Classe A et dix voix par action aux actions de Classe B. Lors de la réunion, 5 038 461 actions de Classe A et 27 761 515 actions de Classe B étaient représentées. GEN Restaurant Group est classée comme une entreprise en croissance émergente et est cotée sur le Nasdaq Global Market sous le symbole GENK.

Die GEN Restaurant Group hielt ihre virtuelle Hauptversammlung 2025 am 18. Juni 2025 ab, bei der 99 % der Stimmrechte vertreten waren und somit ein Quorum bestand. Zwei wichtige Vorschläge wurden abgestimmt:

  • Direktorenwahl: David Kim wurde als Direktor der Klasse III gewählt und erhielt 277.653.664 Stimmen für, 201.799 Stimmenthaltungen und 1.670.039 Broker-Non-Votes. Er wird bis zur Hauptversammlung 2028 im Amt bleiben.
  • Bestellung des Abschlussprüfers: Die Aktionäre bestätigten CBIZ CPAs P.C. als unabhängige registrierte Wirtschaftsprüfungsgesellschaft für das Geschäftsjahr 2025 mit 278.837.899 Ja-Stimmen, 282.372 Nein-Stimmen und 405.231 Stimmenthaltungen.

Die Dual-Class-Struktur des Unternehmens gewährt Class-A-Aktien eine Stimme pro Aktie und Class-B-Aktien zehn Stimmen pro Aktie. Auf der Versammlung waren 5.038.461 Class-A-Aktien und 27.761.515 Class-B-Aktien vertreten. GEN Restaurant Group wird als wachsendes Unternehmen eingestuft und ist an der Nasdaq Global Market unter dem Symbol GENK notiert.

Positive
  • Strong shareholder engagement demonstrated with 99% of voting power present at Annual Meeting
  • Overwhelming shareholder support for director David Kim with approximately 99.9% of votes cast in favor
  • Near-unanimous approval (99.75%) for the appointment of CBIZ CPAs P.C. as independent auditor
Negative
  • None.

Insights

Analyzing...

Il GEN Restaurant Group ha tenuto la sua Assemblea Annuale degli Azionisti 2025 in modalità virtuale il 18 giugno 2025, con la presenza di il 99% del potere di voto, raggiungendo il quorum. Sono state votate due proposte principali:

  • Elezione del Direttore: David Kim è stato eletto come direttore della Classe III, ottenendo 277.653.664 voti favorevoli, con 201.799 astensioni e 1.670.039 voti non espressi dai broker. Rimarrà in carica fino all'Assemblea Annuale del 2028.
  • Nomina del Revisore: Gli azionisti hanno ratificato CBIZ CPAs P.C. come società di revisione contabile indipendente per l'anno fiscale 2025, con 278.837.899 voti favorevoli, 282.372 contrari e 405.231 astensioni.

La struttura a doppia classe della società assegna un voto per azione alle azioni di Classe A e dieci voti per azione alle azioni di Classe B. All’assemblea erano rappresentate 5.038.461 azioni di Classe A e 27.761.515 azioni di Classe B. GEN Restaurant Group è classificata come società in crescita emergente e negozia sul Nasdaq Global Market con il simbolo GENK.

GEN Restaurant Group celebró su Junta Anual de Accionistas 2025 de manera virtual el 18 de junio de 2025, con la presencia del 99% del poder de voto, constituyendo quórum. Se votaron dos propuestas clave:

  • Elección de Director: David Kim fue elegido como director de la Clase III, recibiendo 277,653,664 votos a favor, con 201,799 abstenciones y 1,670,039 votos no emitidos por corredores. Servirá hasta la Junta Anual de 2028.
  • Nombramiento de Auditor: Los accionistas ratificaron a CBIZ CPAs P.C. como la firma independiente de contabilidad registrada para el año fiscal 2025, con 278,837,899 votos a favor, 282,372 en contra y 405,231 abstenciones.

La estructura de doble clase de la compañía otorga un voto por acción a las acciones Clase A y diez votos por acción a las acciones Clase B. En la reunión se representaron 5,038,461 acciones Clase A y 27,761,515 acciones Clase B. GEN Restaurant Group está clasificada como una empresa emergente y cotiza en el Nasdaq Global Market bajo el símbolo GENK.

GEN Restaurant Group는 2025년 6월 18일 2025년 주주총회를 온라인으로 개최했으며, 99%의 의결권이 참석하여 정족수를 충족했습니다. 두 가지 주요 안건이 투표되었습니다:

  • 이사 선출: David Kim이 클래스 III 이사로 선출되었으며, 찬성 277,653,664표, 기권 201,799표, 중개인 무투표 1,670,039표를 받았습니다. 임기는 2028년 연례총회까지입니다.
  • 감사인 선임: 주주들은 2025 회계연도 독립 등록 공인회계법인으로 CBIZ CPAs P.C.를 승인했으며, 찬성 278,837,899표, 반대 282,372표, 기권 405,231표였습니다.

회사의 이중 클래스 구조는 클래스 A 주식 1주당 1표클래스 B 주식 1주당 10표를 부여합니다. 총회에는 5,038,461주 클래스 A 주식과 27,761,515주 클래스 B 주식이 대표되었습니다. GEN Restaurant Group은 신흥 성장 기업으로 분류되며, 나스닥 글로벌 마켓에서 GENK 심볼로 거래되고 있습니다.

Le GEN Restaurant Group a tenu son Assemblée Annuelle des Actionnaires 2025 virtuellement le 18 juin 2025, avec 99 % du pouvoir de vote présent, constituant un quorum. Deux propositions clés ont été soumises au vote :

  • Élection du Directeur : David Kim a été élu directeur de la Classe III, recevant 277 653 664 votes pour, avec 201 799 abstentions et 1 670 039 votes non exprimés par les courtiers. Il exercera son mandat jusqu'à l'Assemblée Annuelle de 2028.
  • Nomination de l’Auditeur : Les actionnaires ont ratifié CBIZ CPAs P.C. en tant que cabinet d’audit indépendant enregistré pour l’exercice 2025, avec 278 837 899 votes pour, 282 372 contre et 405 231 abstentions.

La structure à double catégorie de la société accorde une voix par action aux actions de Classe A et dix voix par action aux actions de Classe B. Lors de la réunion, 5 038 461 actions de Classe A et 27 761 515 actions de Classe B étaient représentées. GEN Restaurant Group est classée comme une entreprise en croissance émergente et est cotée sur le Nasdaq Global Market sous le symbole GENK.

Die GEN Restaurant Group hielt ihre virtuelle Hauptversammlung 2025 am 18. Juni 2025 ab, bei der 99 % der Stimmrechte vertreten waren und somit ein Quorum bestand. Zwei wichtige Vorschläge wurden abgestimmt:

  • Direktorenwahl: David Kim wurde als Direktor der Klasse III gewählt und erhielt 277.653.664 Stimmen für, 201.799 Stimmenthaltungen und 1.670.039 Broker-Non-Votes. Er wird bis zur Hauptversammlung 2028 im Amt bleiben.
  • Bestellung des Abschlussprüfers: Die Aktionäre bestätigten CBIZ CPAs P.C. als unabhängige registrierte Wirtschaftsprüfungsgesellschaft für das Geschäftsjahr 2025 mit 278.837.899 Ja-Stimmen, 282.372 Nein-Stimmen und 405.231 Stimmenthaltungen.

Die Dual-Class-Struktur des Unternehmens gewährt Class-A-Aktien eine Stimme pro Aktie und Class-B-Aktien zehn Stimmen pro Aktie. Auf der Versammlung waren 5.038.461 Class-A-Aktien und 27.761.515 Class-B-Aktien vertreten. GEN Restaurant Group wird als wachsendes Unternehmen eingestuft und ist an der Nasdaq Global Market unter dem Symbol GENK notiert.

false000189185600018918562025-06-182025-06-18

 

 

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): June 18, 2025

GEN Restaurant Group, Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-41727

87-3424935

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

 

 

11480 South Street, Suite 205
Cerritos, CA

90703

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (562) 356-9929

Not Applicable

(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 of the registrant under any of the following provisions:

 

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))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange on which registered

Class A Common stock, par value $0.001 per share

 

GENK

 

The Nasdaq Stock Market LLC

(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 (§ 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

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

The 2025 Annual Meeting of Stockholders (the “Annual Meeting”) of GEN Restaurant Group, Inc. (the “Company”) was held virtually on June 18, 2025, at 10:00 a.m. Pacific Time. Stockholders considered two proposals at the meeting, which are described in more detail in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 30, 2025.

At the beginning of the Annual Meeting, there were 5,038,461 shares of Class A common stock and 27,761,515 shares of Class B common stock present at the Annual Meeting in person or by proxy, which represented 99% of the combined voting power of the shares of Class A common stock and Class B common stock entitled to vote at the Annual Meeting (voting together as a single class), and which constituted a quorum for the transaction of business. Holders of the Company’s Class A common stock were entitled to one vote for each share held as of the close of business on April 21, 2025 (the “Record Date”), and holders of the Company’s Class B common stock were entitled to ten votes for each share held as of the Record Date.

The final voting results are reported below.

Proposal One: Election of one Class III director, David Kim, to serve until the Company’s 2028 Annual Meeting of Stockholders.

 

Name

 

For

 

Abstain

 

Broker Non-Votes

David Kim

 

277,653,664

 

201,799

 

1,670,039

 

Proposal Two: Ratification of the appointment of CBIZ CPAs P.C. to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.

 

For

 

Against

 

Abstain

278,837,899

 

282,372

 

405,231

 

1


 

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.

 

GEN RESTAURANT GROUP, INC.

Date: June 20, 2025

By:

/s/ Thomas V. Croal

Thomas V. Croal

Chief Financial Officer

 

2


FAQ

What were the voting results for GENK's 2025 Annual Meeting?

At GENK's 2025 Annual Meeting, David Kim was elected as Class III director with 277,653,664 votes in favor and 201,799 abstentions. The appointment of CBIZ CPAs P.C. as the independent auditor was ratified with 278,837,899 votes in favor, 282,372 against, and 405,231 abstentions.

What was the quorum for GENK's 2025 Annual Meeting?

The quorum consisted of 5,038,461 shares of Class A common stock and 27,761,515 shares of Class B common stock, representing 99% of the combined voting power of all shares entitled to vote at the Annual Meeting.

How many votes does each class of GENK stock get?

According to the filing, GENK's Class A common stock holders were entitled to one vote per share, while Class B common stock holders were entitled to ten votes per share, as of the April 21, 2025 Record Date.

Who was appointed as GENK's independent auditor for fiscal year 2025?

CBIZ CPAs P.C. was appointed and ratified as GENK's independent registered public accounting firm for the fiscal year ending December 31, 2025, with over 278.8 million votes in favor of the appointment.

How long will David Kim serve on GENK's board of directors?

David Kim was elected as a Class III director and will serve until GENK's 2028 Annual Meeting of Stockholders.
GEN Restaurant Group

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