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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)
June 19, 2025
Karat Packaging Inc.
(Exact name of registrant as specified in its charter)
| Delaware |
|
001-40336 |
|
83-2237832 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
| 6185 Kimball Avenue |
|
|
| Chino, California |
|
91708 |
| (Address of principal executive offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code (626) 965-8882
(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 |
| Common Stock, $0.001 par value |
|
KRT |
|
The Nasdaq Stock Market LLC |
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 following matters were voted upon at the 2025
Annual Meeting of Stockholders of Karat Packaging Inc. (the “Company”) held on June 19, 2025 (the “Annual Meeting”).
Each stockholder of common stock was entitled to one vote per share on each of the five director nominees and on each other matter properly
presented at the Annual Meeting.
Proposal 1 – Election of five directors, each serving
for a term expiring at the next annual meeting or until their successors are duly elected and qualified.
| Nominee |
|
Votes For |
|
Votes
Withheld |
|
Broker
Non-Votes |
| Alan Yu |
|
17,357,145 |
|
64,831 |
|
820,674 |
| Jian Guo |
|
16,853,122 |
|
568,854 |
|
820,674 |
| Paul Y. Chen |
|
17,329,489 |
|
92,487 |
|
820,674 |
| Eric Chen |
|
17,324,711 |
|
97,265 |
|
820,674 |
| Eve Yen |
|
17,338,182 |
|
83,794 |
|
820,674 |
Proposal 2 – Ratification of the appointment of
PricewaterhouseCoopers LLP as the Company’s independent certified public accountants for the fiscal year ending December 31, 2025.
| Votes For | |
Votes Against | |
Abstentions | |
Broker Non-Votes |
| 18,232,235 | |
9,500 | |
915 | |
0 |
Proposal 3 – Advisory approval of the Company's executive
compensation ("Say on Pay").
| Votes For | |
Votes Against | |
Abstentions | |
Broker Non-Votes |
| 16,925,755 | |
485,849 | |
10,372 | |
820,674 |
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.
| |
KARAT PACKAGING INC. |
| |
|
| Date: June 20, 2025 |
By: |
/s/ Jian Guo |
| |
|
Jian Guo |
| |
|
Chief Financial Officer |
