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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): December 20, 2024

 

MGO Global Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41592   87-3929852
(State or other jurisdiction
of incorporation)		   (Commission
File Number)		   (I.R.S. Employer
Identification No.)

 

1515 SE 17th Street, Suite 121/#460236

Fort Lauderdale, Florida

  33346
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (347) 913-3316

 

N/A

(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, $0.00001 par value   MGOL   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.

 

MGO Global Inc., a Delaware corporation (the “Company”), convened the 2024 Annual Meeting of Stockholders of MGO Global Inc. (the “Annual Meeting”) on Friday, December 20, 2024 at 11:00 a.m. Eastern Time. The Annual Meeting was held in person at: 813 NE 17th Terrace, Unit A, Fort Lauderdale, Florida, 33304. A quorum was present at the Annual Meeting.

 

At the Annual Meeting, three proposals were submitted to the stockholders for approval as set forth in the definitive Proxy Statement as filed with the U.S. Securities and Exchange Commission (the “SEC”) on November 22, 2024. As of the record date, November 18, 2024, a total of 2,904,001 shares of common stock of the Company (“Common Stock”) were issued and outstanding and entitled to vote. The Common Stock constitute all of the voting securities of the Company. The holders of record of 1,362,262 shares of Common Stock were present in person or represented by proxy at the Annual Meeting representing approximately 46.9% of the Common Stock entitled to vote at such meeting and of Company’s total voting power.

 

At the Annual Meeting, the stockholders approved three of the three proposals submitted. The votes on the proposals were cast as set forth below:

 

1.Election of Directors

 

   FOR   % VOTED FOR   WITHHELD   % VOTED WITHHELD 
Maximiliano Ojeda   1,359,795    99.82%   2,467    0.18%
Virginia Hilfiger   1,359,709    99.81%   2,553    0.19%
Julian Groves   1,352,683    99.30%   9,579    0.70%
Ping Rawson   1,355,658    99.52%   6,604    0.48%
Obie McKenzie   1,355,831    99.53%   6,431    0.47%
Jeffrey Lerner   1,359,629    99.81%   2,634    0.19%
Paul Wahlgren   1,355,979    99.54%   6,283    0.46%

 

Each director nominee was elected to serve as a director until the Company’s 2025 annual meeting of stockholders, or until such person’s successor is duly elected and qualified, or until such person’s earlier death, retirement or resignation. Due to the fact that directors are elected by a plurality of the votes cast, votes could only be cast in favor of or withheld from the nominees and thus votes against were not applicable.

 

2.Ratification of Assurance Dimensions LLC as independent registered public accountant for the fiscal year ending December 31, 2024

 

   FOR   AGAINST   ABSTAIN/WITHHELD   BROKER NON-VOTES 
Total Shares Votes   1,356,597    1,339    4,326    0 

 

The affirmative vote of a majority of the votes cast at the Annual Meeting was required for approval. The proposal was approved.

 

3.Approval of Adjourning the Annual Meeting

 

   FOR   AGAINST   ABSTAIN/WITHHELD   BROKER NON-VOTES 
Total Shares Voted   1,355,527    2,279    4,456    0 

 

The affirmative vote of a majority of the votes cast at the Annual Meeting was required for approval. The proposal was approved.

 

 

 

 

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.

 

Date: December 26, 2024 MGO Global Inc.
     
  By: /s/ Maximiliano Ojeda
  Name:  Maximiliano Ojeda
  Title: Chief Executive Officer

 

 

 

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Dec. 20, 2024
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Document Type 8-K
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Document Period End Date Dec. 20, 2024
Entity File Number 001-41592
Entity Registrant Name MGO Global Inc.
Entity Central Index Key 0001902794
Entity Tax Identification Number 87-3929852
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 1515 SE 17th Street
Entity Address, Address Line Two Suite 121
Entity Address, City or Town Fort Lauderdale
Entity Address, State or Province FL
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Title of 12(b) Security Common Stock, $0.00001 par value
Trading Symbol MGOL
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Elected Not To Use the Extended Transition Period false
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