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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): December
17, 2025
VASO CORPORATION
(Exact Name of Registrant as Specified in Charter)
| Delaware |
|
0-18105 |
|
11-2871434 |
(State or Other Jurisdiction
of Incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification No.) |
| |
137 Commercial St., Suite 200, Plainview, New York 11803 |
|
| |
(Address of Principal Executive Offices and Zip Code) |
|
| |
|
|
| |
(516) 997-4600 |
|
| |
Registrant’s Telephone Number, Including Area Code |
|
| |
|
|
| |
Not Applicable |
|
| |
(Former Name or Former Address, if Changed Since Last Report) |
|
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class |
|
Trading Symbol(s) |
|
Name of Each Exchange on which Registered |
| None |
|
|
|
|
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 (see General Instruction
A.2. below):
| ☐ |
Written communication 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 communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Exchange Act (17 CFR §240.12b-2).
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. |
Vaso Corporation (the “Company”) held its Annual
Meeting of Shareholders (the “Annual Meeting”) on December 17, 2025. At the Annual Meeting, the Company’s shareholders
were asked to vote on the following three matters: (1) Election of three Class II directors, to serve for a three-year term and until
their successors are elected and qualify; (2) approval of a non-binding “Say on Pay” proposal to approve the compensation
of the Company’s named executive officers (a so-called “Say on Pay” vote); and (3) approval of a non-binding
proposal for stockholders to recommend to the Board of Directors the frequency at which the Company should hold a non-binding Say on Pay
vote (a so-called “Say When on Pay” vote).
As of the record date for the meeting, there were 175,953,035 outstanding
shares of common stock entitled to vote. A total of 120,208,576 shares of common stock were voted at the Annual Meeting either in person
or by proxy.
The following is a summary of the final voting results for the matters
presented to the shareholders:
Proposal 1 – Election of Directors. The
following three director nominees were elected to serve for a three-year term.
| Nominee |
|
For |
|
Withheld |
|
Broker non-Votes |
| Behnam Movaseghi |
|
103,664,162 |
|
16,544,414 |
|
N/A |
| Jane Moen |
|
109,424,726 |
|
10,783,850 |
|
N/A |
| Leon Dembo |
|
103,581,987 |
|
16,626,589 |
|
N/A |
Proposal 2 – Advisory Say on Pay Vote. The
non-binding advisory proposal to approve the compensation of the Company’s named executive officers was approved. The voting results
were as follows:
| For |
|
Against |
|
Abstain |
|
Broker non-Votes |
| 105,612,284 |
|
12,759,718 |
|
1,836,574 |
|
N/A |
Proposal 3 – Advisory Say When on Pay Vote.
The shareholders approved in a non-binding advisory vote to recommend that a “Say on Pay” vote be presented to shareholders
every three years. The voting results were as follows:
| One Year |
|
Two Years |
|
Three Years |
|
Abstentions |
| 16,828,312 |
|
1,975,106 |
|
97,734,812 |
|
3,670,346 |
Holders of approximately 56% of the outstanding shares voted in favor
of offering future Say on Pay votes to the Corporation’s shareholders every three years, which was also management’s recommendation.
In light of the shareholders vote, and upon the recommendation of its Nominating and Corporate Governance Committee, the Board of Directors
determined that future Say on Pay votes will be presented to the shareholders every three years. Thus, the next shareholder Say on Pay
vote will be presented to the shareholders at the Corporation’s 2028 annual meeting.
| Exhibit No. |
|
Description |
| 104 |
|
Cover page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) |
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 hereunto
duly authorized.
Dated: December 19, 2025
| |
VASO CORPORATION |
| |
|
| |
By: |
/s/ Jun Ma |
| |
Name: |
Jun Ma |
| |
Title: |
Chief Executive Officer and President |