SemiLEDs (NASDAQ: LEDS) investors back board slate, approve auditor
Rhea-AI Filing Summary
SemiLEDs Corporation reported the results of its 2025 Annual Meeting of Stockholders held on August 28, 2025. Stockholders voted on electing five directors and ratifying the company’s independent auditor for the fiscal year ending August 31, 2025.
All five director nominees were elected. For example, votes for key directors included 4,827,968 shares for Trung T. Doan (with 8,829 withheld and 771,703 broker non-votes) and 4,828,066 shares for Dr. Chris Chang Yu (with 8,731 withheld and 771,703 broker non-votes). Stockholders also ratified the appointment of YCM CPA Inc. as the independent registered public accounting firm, with 5,565,849 votes for, 16,788 against and 25,863 abstentions, and no broker non-votes on this routine matter.
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FAQ
What did SemiLEDs (LEDS) shareholders vote on at the 2025 Annual Meeting?
Shareholders voted on two items: the election of five directors to serve until the 2026 Annual Meeting of Stockholders and the ratification of YCM CPA Inc. as SemiLEDs’ independent registered public accounting firm for the fiscal year ending August 31, 2025.
Were SemiLEDs (LEDS) director nominees elected at the 2025 Annual Meeting?
Yes. All five nominees—Trung T. Doan, Walter Michael Gough, Dr. Edward Hsieh, Scott R. Simplot, and Dr. Chris Chang Yu—were elected. Each received approximately 4.8 million votes for, with relatively small numbers of votes withheld and 771,703 broker non-votes reported for each director.
Did SemiLEDs (LEDS) shareholders approve the company’s auditor for fiscal 2025?
Yes. Shareholders ratified the appointment of YCM CPA Inc. as SemiLEDs’ independent registered public accounting firm for the fiscal year ending August 31, 2025, with 5,565,849 votes for, 16,788 against, 25,863 abstentions and 0 broker non-votes.
Why were there no broker non-votes on SemiLEDs (LEDS) auditor ratification proposal?
The auditor ratification was designated as a routine matter. As a result, brokers were permitted to vote on this proposal without receiving instructions from beneficial owners, which led to 0 broker non-votes on this item.
How many broker non-votes were there on SemiLEDs (LEDS) director elections?
Each director election showed 771,703 broker non-votes. These shares were counted as present for quorum purposes but were not voted either for or withheld on the director proposals.
Who signed SemiLEDs’ (LEDS) report disclosing the 2025 Annual Meeting results?
The report was signed on behalf of SemiLEDs Corporation by Christopher Lee, who is identified as the company’s Chief Financial Officer.