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2025-08-22
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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): August 22, 2025
YUNHONG
GREEN CTI LTD.
(Exact
name of registrant as specified in charter)
| Illinois |
|
000-23115 |
|
36-2848943 |
| (State or other jurisdiction |
|
(Commission |
|
(IRS Employer |
| of incorporation) |
|
File Number) |
|
Identification No.) |
22160
N. Pepper Road, Lake Barrington, IL 60010
(Address
of principal executive offices) (Zip Code)
(847)
382-1000
(Registrant’s
telephone number, including area code)
Not
Applicable
(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 (see General Instruction A.2. below):
| ☐ |
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 |
|
YHGJ |
|
The
Nasdaq Stock Market LLC
(The
Nasdaq Capital Market) |
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. |
On
August 22, 2025, Yunhong Green CTI Ltd. (the “Company”) convened its Annual Meeting of shareholders for the purpose of holding
a shareholder vote (the “Annual Meeting”). At the Annual Meeting, the shareholders of the Company voted:
| 1. |
The election of the five director nominees named in
the proxy statement to serve as directors for a one-year term that will expire at the 2026 annual meeting of shareholders (“Proposal
1”) |
| |
|
| 2. |
To ratify action by our Board of Directors to effect
a reverse stock split of issued shares of the Company’s common stock into a lesser number of shares by a ratio of 1-for-10,
in the form as included in this proxy statement (Proposal 2”) |
| |
|
| 3. |
To ratify the appointment of Wolf & Company, PC
as auditors of the Company for the fiscal year ending December 31, 2026 (Proposal 3”) |
| |
|
| 4. |
To transact such other business as may properly come
before the meeting (“Proposal 4”) |
The
proposals are described in detail in the Company’s definitive proxy statement for the Annual Meeting filed with the Securities
and Exchange Commission on July 28, 2025.
The
number of shares of common stock entitled to vote at the Annual Meeting was 27,738,626. The number of shares of common stock present
or represented by valid proxy at the Annual Meeting was 20,971,193. Proposals 1, 2, 3 and 4 submitted to a vote of the Company’s
stockholders at the Annual Meeting were approved.
The
votes cast with respect to each matter voted upon are set forth below.
Proposal
1:
Yubao
Li
| Votes
For |
|
Withheld |
|
Broker
Non-Votes |
| 17,780,605 |
|
124,785 |
|
3,515,887 |
Jana
M. Schwan
| Votes
For |
|
Withheld |
|
Broker
Non-Votes |
| 17,809,980 |
|
95,410 |
|
3,065,803 |
Darlene
Chiu Bryant
| Votes
For |
|
Withheld |
|
Broker
Non-Votes |
| 17,789,035 |
|
116,355 |
|
3,065,803 |
Gerald
(J.D.) Roberts, Jr.
| Votes
For |
|
Withheld |
|
Broker
Non-Votes |
| 17,660,551 |
|
244,839 |
|
3,065,803 |
Philip
Wong
| Votes
For |
|
Withheld |
|
Broker
Non-Votes |
| 17,466,932 |
|
438,458 |
|
3,065,803 |
Proposal
2:
| Votes
For |
|
Votes
Against |
|
Abstain |
|
Broker
Non-Votes |
| 19,940,834 |
|
1,030,859 |
|
0 |
|
0 |
Proposal
3:
| Votes
For |
|
Votes
Against |
|
Abstain |
|
Broker
Non-Votes |
| 20,080,076 |
|
886,916 |
|
4,201 |
|
0 |
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: August 27, 2025 |
YUNHONG GREEN CTI LTD. |
| |
|
|
| |
By: |
/s/ Jana
M. Schwan |
| |
Name: |
Jana M. Schwan |
| |
Title: |
Chief Executive Officer |