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

A special meeting of stockholders (the "Special Meeting") of Houston Wire & Cable Company (the "Company") was held on June 15, 2021 to consider proposals relating to an Agreement and Plan of Merger, dated as of March 24, 2021, by and among Omni Cable LLC ("OmniCable"), OCDFH Acquisition Merger Sub Inc., a wholly-owned subsidiary of OmniCable ("Merger Sub"), and the Company (the "Merger Agreement"). A total of 12,372,871 shares of common stock, par value $0.001 per share, of the Company ("Common Stock"), out of a total of 16,882,557 shares of Common Stock issued and outstanding and entitled to vote as of May 4, 2021 (the "Record Date"), was present in person or represented by proxy at the Special Meeting and, therefore, a quorum was present. Set forth below are the matters acted upon by Company stockholders at the Special Meeting and the final voting results on each such matter. There were no broker non-votes with respect to any proposal.

Proposal 1: Adoption of the Merger Agreement

The number of votes cast for and against this proposal, as well as the number of abstentions, were as follows:





  Votes        Votes
   For        Against    Abstentions
10,396,712   1,966,705      9,454

Approximately 61.58%, representing more than a majority, of the outstanding shares of Common Stock voted in favor of the proposal, and the proposal was approved.

Proposal 2: Non-binding Advisory Vote to Approve Payment of Merger-Related Compensation to Named Executive Officers

The number of votes cast for and against this proposal, as well as the number of abstentions, were as follows:





  Votes       Votes
   For       Against   Abstentions
11,857,980   462,121     52,770

Approximately 96.3%, representing more than a majority, of the shares of Common Stock properly voted on the proposal voted in favor of the proposal, and the proposal was approved.

Proposal 3: Adjournment of the Special Meeting

The number of votes cast for and against this proposal, as well as the number of abstentions, were as follows:





  Votes        Votes
   For        Against    Abstentions
10,264,684   2,069,495      8,692

Approximately 83.26%, representing more than a majority, of the shares of Common Stock properly voted on the proposal voted in favor of the proposal, and the proposal was approved.

© Edgar Online, source Glimpses