Hour Loop reports 2026 shareholder vote results
Accepted by SEC EDGAR
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Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
Hour Loop, Inc. held its 2026 virtual annual meeting of stockholders on August 3, 2026. Stockholders elected five directors — Sam Lai, Sau Kuen (Maggie) Yu, Hillary Bui, Minghui (Alan) Gao, and Michael Lenner — each to serve a one-year term until the next annual meeting.
For example, Sam Lai received 33,481,501 votes for, 2,846 votes against, 354 abstentions, and 722,952 broker non-votes. Stockholders also ratified the appointment of HTL International, LLC as independent auditors for the fiscal year ending December 31, 2026, with 34,206,330 votes for, 652 against, and 671 abstentions.
8-K Event Classification
2 items: 5.07, 9.01
2 items
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.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Votes for auditor ratification: 34,206,330 votes
Votes against auditor ratification: 652 votes
Sam Lai votes for: 33,481,501 votes
+2 more
5 metrics
Votes for auditor ratification
34,206,330 votes
Ratification of HTL International, LLC as independent auditors for fiscal year ending December 31, 2026
Votes against auditor ratification
652 votes
Ratification of HTL International, LLC as independent auditors
Sam Lai votes for
33,481,501 votes
Election of director Sam Lai at 2026 annual meeting
Sam Lai votes against
2,846 votes
Election of director Sam Lai at 2026 annual meeting
Broker non-votes per director nominee
722,952 broker non-votes
Director elections at the 2026 annual meeting
Key Terms
virtual annual meeting of stockholders, broker non-votes, independent auditors, emerging growth company
4 terms
virtual annual meeting of stockholders regulatory
"held its 2026 virtual annual meeting of stockholders"
broker non-votes regulatory
"Abstain | Broker Non- Votes Sam Lai ... 722,952"
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 auditors financial
"ratified the appointment of HTL International, LLC as the independent auditors"
Independent auditors are outside, licensed accountants who examine a company’s books, records and internal controls and issue an objective opinion on whether the financial statements accurately reflect the business’s financial position. Investors treat their report like a neutral inspector’s stamp — it increases trust, makes financial results easier to compare, and alerts readers if there are errors, omissions or other problems that could affect investment decisions.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Hour Loop (HOUR) stockholders vote on at the 2026 annual meeting?
Stockholders voted on two proposals: electing five directors to one-year terms and ratifying HTL International, LLC as independent auditors for the fiscal year ending December 31, 2026. Both proposals received more votes in favor than against or abstaining.
Which directors were elected to Hour Loop (HOUR)'s board in 2026 and for how long?
Stockholders elected Sam Lai, Sau Kuen (Maggie) Yu, Hillary Bui, Minghui (Alan) Gao, and Michael Lenner. Each director was elected to serve a one-year term, lasting until the next annual meeting and until a successor is duly elected and qualified.
How many votes did Hour Loop (HOUR) director nominee Sam Lai receive in the 2026 election?
Director nominee Sam Lai received 33,481,501 votes for, 2,846 votes against, and 354 abstentions, along with 722,952 broker non-votes. These results show the detailed breakdown of voting support for his election to the board.
Who is Hour Loop (HOUR)'s independent auditor for fiscal year 2026 and how was it approved?
Stockholders ratified HTL International, LLC as Hour Loop’s independent auditors for the fiscal year ending December 31, 2026. The ratification received 34,206,330 votes for, 652 votes against, and 671 abstentions, with no broker non-votes reported.
Were there broker non-votes in Hour Loop (HOUR)'s 2026 director elections?
Yes. Each director nominee’s election included 722,952 broker non-votes, in addition to the votes cast for, against, and abstaining. Broker non-votes typically arise when brokers lack authority to vote uninstructed shares on certain proposals.
AI-generated analysis. How Rhea-AI works. Not financial advice.
