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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

 

 

 

 

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 24, 2023

 

 

(Exact Name of Registrant as Specified in Its Charter)

 

 

(State or Other Jurisdiction of Incorporation)

 

 

(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:

 

 

 

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

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. ☐

 

 

 

On May 24, 2023, the stockholders of NSTS Bancorp, Inc. (the "Company") approved the NSTS Bancorp, Inc. 2023 Equity Incentive Plan (the "Equity Plan"). A description of the material terms of the Equity Plan is contained in the Company's definitive proxy statement for the annual meeting of stockholders held on May 24, 2023, which was filed with the Securities and Exchange Commission on April 14, 2023. A copy of the Equity Plan is being filed as Exhibit 10.1 to this Current Report on Form 8-K. 

 

 

An annual meeting of stockholders (the “Annual Meeting”) of NSTS Bancorp, Inc. (the “Company”) was held on May 24, 2023. A total of 3,858,559 shares of the Company’s common stock were present or represented by proxy at the Annual Meeting. This represented 71.48% of the Company’s shares of common stock that were outstanding and entitled to vote at the Annual Meeting. Three proposals were presented to the Company’s stockholders at the Annual Meeting, which are described in detail in the Company’s 2023 Proxy Statement. The final results of the stockholder vote on each of the proposals presented at the meeting are as follows:

 

PROPOSAL 1: Election of Directors. The election of three (3) director nominees to each serve for a term of three years expiring at the Company’s 2026 Annual Meeting, or until their successors are duly elected and qualified:

 

 

 

 

PROPOSAL 2: Ratify Appointment of Plante & Moran, PLLC. The ratification of the appointment of Plante & Moran, PLLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023:

 

 

 

PROPOSAL 3: Approve the NSTS Bancorp, Inc. 2023 Equity Incentive Plan. The approval of the NSTS Bancorp, Inc. 2023 Equity Incentive Plan:

 

 

 

 

(d) Exhibits. 

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.