GLAE GlassBridge Enterprises Inc (CE)

Item 5.07 Submission of Matters to a Vote of Security Holders.

On August 16, 2019, GlassBridge Enterprises, Inc. (the “Company”) held its 2019 annual meeting of stockholders (the “Annual Meeting”). Set forth below is a summary of the final voting results for the proposals that our stockholders considered and voted on at the Annual Meeting. As of June 25, 2019, the record date for the Annual Meeting, there were 5,687,789 shares of common stock outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, there were 4,488,235 shares of common stock present in person or by proxy, which represented 87.70% of the shares entitled to vote, and which constituted a quorum for the transaction of business.

Our stockholders approved the election of Robert Searing as a Class II director, with a term expiring at our 2020 Annual Meeting of Stockholders. The approval of this proposal required the affirmative vote of a majority of the votes cast with respect to such director. We set forth the results of the stockholder vote on this proposal, which results satisfy the foregoing voting standard.

Our stockholders approved the election of Alex Spiro as a Class II director, with a term expiring at our 2020 Annual Meeting of Stockholders. The approval of this proposal required the affirmative vote of a majority of the votes cast with respect to such director. We set forth the results of the stockholder vote on this proposal, which results satisfy the foregoing voting standard.

Our stockholders approved a proposal to ratify the appointment of Turner Stone & Company L.L.P. as our independent registered public accountant firm for fiscal year 2019. The approval of this proposal required the affirmative vote of the holders of a majority of the shares of common stock present in person or by proxy and entitled to vote at the Annual Meeting. We set forth below the results of the stockholder vote on this proposal, which results satisfy the foregoing voting standard.

Our stockholders approved the proposal to amend the Company’s Restated Certificate of Incorporation to effect, at the discretion of the Board of Directors, a reverse stock split of the Company’s common stock using a ratio to be established by the Board in its sole discretion, within a range of 1:10 to 1:200 and a reduction in the number of authorized shares of the Company’s common stock in a corresponding proportion (the “Reverse Split Proposal”). The approval of this proposal required the affirmative vote of the holders of a majority of the shares of common stock entitled to vote thereon. We set forth below the results of the stockholder vote on this proposal, which results satisfy the foregoing voting standard.

Our stockholders approved the proposal to amend the Company’s Restated Certificate of Incorporation to permit the stockholders of the Company to act by written consent rather than requiring the Company to convene a meeting of stockholders for matters requiring stockholder approval (the “Written Consent Proposal”). The approval of this proposal required the affirmative vote of the holders of a majority of the shares of common stock entitled to vote thereon. We set forth below the results of the stockholder vote on this proposal, which results satisfy the foregoing voting standard.