FST Corp. (NASDAQ: KBSX) shareholders back 2025 Equity Incentive Plan at AGM
Rhea-AI Filing Summary
FST Corp. reported the results of its Annual General Meeting of Shareholders held on December 8, 2025. Shareholders approved the company’s 2025 Equity Incentive Plan, which is designed to grant equity-based awards to eligible participants. At the record date of October 28, 2025, there were 44,766,003 ordinary shares outstanding, each with one vote. At the meeting, 35,661,357 ordinary shares were represented in person or by proxy, providing a quorum. The 2025 Plan Proposal passed with 35,658,358 votes in favor, 2,999 votes against, and no abstentions, indicating very strong shareholder support for continuing to use equity incentives in the company’s compensation and retention programs.
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FAQ
What did FST Corp. (KBSX) shareholders approve at the December 2025 AGM?
Shareholders of FST Corp. approved the FST Corp. 2025 Equity Incentive Plan, referred to as the 2025 Plan Proposal, at the Annual General Meeting held on December 8, 2025.
How many FST Corp. (KBSX) shares were entitled to vote at the 2025 Annual General Meeting?
As of the October 28, 2025 record date, there were 44,766,003 ordinary shares outstanding, and each share was entitled to one vote at the meeting.
What was the shareholder turnout for FST Corp.’s December 2025 Annual General Meeting?
At the meeting, holders of 35,661,357 ordinary shares were represented in person or by proxy, which constituted a quorum for conducting business.
What were the voting results on FST Corp.’s 2025 Equity Incentive Plan?
The 2025 Equity Incentive Plan received 35,658,358 votes for, 2,999 votes against, and 0 abstentions, reflecting very strong approval by the shareholders who voted.
Were any other proposals considered at FST Corp.’s 2025 Annual General Meeting?
No. The company states that no other matters came before the meeting besides the 2025 Equity Incentive Plan proposal.
Who signed the report on behalf of FST Corp. for this AGM result disclosure?
The report was signed by David Chuang, who is identified as Chief Executive Officer and Chairman of the Board of FST Corp.