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Strong backing as Turbo Energy (NASDAQ: TURB) AGM proposals pass

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Turbo Energy, S.A. reports the results of its Annual General Shareholders’ Meeting held on June 29, 2026 in Valencia, Spain. As of the record date, the company had 66,085,700 ordinary shares outstanding, and 64.04%, or 42,324,315 shares, were present or represented, achieving quorum.

All submitted proposals were approved with very high support, with favorable votes ranging from 99.50% to 99.97% of the present share capital and about 63.73% to 64.03% of the total share capital. One appointment was not submitted to a vote and remains in force for a three-year term from 2025 to 2027.

Positive

  • None.

Negative

  • None.
Shares outstanding 66,085,700 ordinary shares Issued and outstanding as of the record date
Quorum percentage 64.04% of share capital 42,324,315 shares present or represented at the meeting
Proposal approval (example 1) 99.50% of present share capital First reported proposal, 42,114,620 votes in favor
Total capital support (example 1) 63.73% of total share capital Approval level for the first reported proposal
Highest present-capital approval 99.97% of present share capital Achieved on multiple proposals at the meeting
Highest total-capital approval 64.03% of total share capital Achieved on certain proposals at the meeting
Annual General Shareholders’ Meeting financial
"Turbo Energy, S.A. is filing this Report on Form 6-K to report the results of the Company’s Annual General Shareholders’ Meeting"
An annual general shareholders’ meeting is a yearly gathering where a company’s board and its shareholders review performance, ask questions, and vote on important issues such as electing directors, approving financial statements, and deciding dividend policy. Think of it as a company town hall where owners exercise their rights; the decisions made can change leadership, strategy, and payouts, so outcomes often influence the company’s direction and the value of its shares.
quorum financial
"A total of 64.04%, or 42,324,315 shares, were present or represented and a quorum was achieved."
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
present share capital financial
"Approved by 99.50% of the votes on the present share capital and 63.73% of the votes on the total share capital."
total share capital financial
"Approved by 99.97% of the votes on the present share capital and 64.03% of the votes on the total share capital."
three-year term (2025-2027) financial
"Not submitted for vote – appointment remains in force for a three-year term (2025-2027)."

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Turbo Energy (TURB) announce in this Form 6-K?
Turbo Energy reported the results of its Annual General Shareholders’ Meeting. The company detailed attendance levels, quorum achievement, and voting outcomes for each proposal, confirming that all submitted items received strong shareholder support and were approved.

How many Turbo Energy (TURB) shares were eligible to vote at the meeting?
As of the record date, 66,085,700 ordinary shares were issued and outstanding. These shares represented the total share capital eligible to participate in the Annual General Shareholders’ Meeting and formed the basis for the quorum and voting percentage calculations.

What quorum was reached at Turbo Energy’s 2026 Annual General Shareholders’ Meeting?
The meeting reached a quorum with 64.04% of share capital present or represented. This corresponded to 42,324,315 shares, allowing the company to validly hold the meeting and vote on the proposals presented to shareholders.

How strongly were Turbo Energy (TURB) proposals supported by shareholders?
Proposals were approved with between 99.50% and 99.97% of votes on present share capital. These approvals represented approximately 63.73% to 64.03% of the total share capital, indicating very broad shareholder backing for the items submitted.

Were any appointments left unchanged at Turbo Energy’s 2026 shareholder meeting?
Yes, one appointment was not submitted for a shareholder vote. According to the disclosed results, this appointment remains in force for a three-year term covering the period from 2025 to 2027 without needing renewed approval at this meeting.

Did any proposal at Turbo Energy’s meeting fail to receive approval?
No, all proposals submitted to a vote were approved. Each item achieved very high favorable percentages of the present share capital, and the company specifically notes approvals across all voting lines that were actually put before shareholders.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION 

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

Commission File Number: 001-41813

 

TURBO ENERGY, S.A.

(Name of Registrant)

 

Plaza de América 2, 4AB
Valencia, Spain 46004

(Address of Principal Executive Office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒         Form 40-F ☐

 

 

 

  

 

  

EXPLANATORY NOTE

 

Turbo Energy, S.A. (“Turbo Energy” or the “Company”) is filing this Report on Form 6-K to report the results of the Company’s Annual General Shareholders’ Meeting (the “General Shareholders’ Meeting”), held at its registered offices, Plaza América 2, 4º AB, 46004, Valencia, Spain, on Monday, June 29, 2026 at 5:00 P.M. CET.

 

As of the record date, the Company had 66,085,700 Ordinary Shares issued and outstanding. A total of 64.04%, or 42,324,315 shares, were present or represented and a quorum was achieved.

 

The final results for the votes regarding each proposal are set forth below:

 

  ● Proposal 1: to elect eight persons to the Board of Directors of the Company, each to serve until the next annual general meeting of shareholders, or until such person’s successor is duly elected and qualified or until his or her earlier death, resignation, retirement, disqualification or removal.

 

Votes in
Favor		   Votes
Against		   Abstention   Results
 42,114,620    207,090    2,605   Approved by 99.50% of the votes on the present share capital and 63.73% of the votes on the total share capital.

 

  ● Proposal 2: to ratify the appointment of TAAD, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

 

Votes in
Favor		   Votes
Against		   Abstention   Results
 42,311,600    9,855    2,860   Approved by 99.97% of the votes on the present share capital and 64.03% of the votes on the total share capital.

 

  ● Proposal 3: appointment of Grant Thornton as the Spanish public accounting firm for the fiscal year ending December 31, 2026. This agenda item was not submitted for approval in 2026 Meeting, as the initial appointment of the statutory auditor remains in force for a three-year term, covering the fiscal years 2025, 2026 and 2027, inclusive.

 

Votes in
Favor		   Votes
Against		   Abstention   Results
 N/A   N/A   N/A  Not submitted for vote – appointment remains in force for a three-year term (2025-2027).

 

  ● Proposal 4: to assess and, where appropriate, approval of the individual annual accounts (balance sheet, profit and loss account, statement of changes in equity for the year, cash flow statement and notes to the annual accounts), as well as the management report, as required under the Spanish law.

 

Votes in
Favor		   Votes
Against		   Abstention   Results
 42,308,655    11,850    3,810   Approved by 99.96% of the votes on the present share capital and 64.02% of the votes on the total share capital.

 

 1 

 

 

  ● Proposal 5: to exam and, where appropriate, approval of the individual annual accounts’ proposed results allocation, as required under the Spanish law.

 

Votes in
Favor		   Votes
Against		   Abstention   Results
 42,308,745    11,965    3,605   Approved by 99.96% of the votes on the present share capital and 64.02% of the votes on the total share capital.

  

  ● Proposal 6:  to exam and, where appropriate, approval of the management of the Company by the Board of Directors for the fiscal year ended December 31, 2025, as required under the Spanish law.

 

Votes in
Favor		   Votes
Against		   Abstention   Results
 42,309,860    11,850    2,605   Approved by 99.97% of the votes on the present share capital and 64.02% of the votes on the total share capital.

 

  ● Proposal 7: granting of powers for the execution and notarization of resolutions. To execute such public documents as may be necessary for the due formalization and registration in the Commercial Registry of the resolutions adopted at this General Shareholders’ Meeting, including the correction or rectification, if necessary.

 

Votes in
Favor		   Votes
Against		   Abstention   Results
 42,308,045    14,060    2,210   Approved by 99.96% of the votes on the present share capital and 64.02% of the votes on the total share capital.

 

  ● Proposal 8: reading and approval of the General Shareholders’ Meeting minutes.

 

Votes in
Favor		   Votes
Against		   Abstention   Results
 42,312,455    11,810    50   Approved by 99.97% of the votes on the present share capital and 64.03% of the votes on the total share capital.

 

 2 

 

  

SIGNATURE

 

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, thereunto duly authorized.

 

  TURBO ENERGY, S.A.
   
Date: July 2, 2026 By: /s/ Mariano Soria
    Mariano Soria
    Chief Executive Officer

 

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Source: View Original Filing on SEC EDGAR