false 0000717720 0000717720 2023-10-06 2023-10-06
 
 
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 the earliest event reported): October 6, 2023
 
Value Line, Inc.
(Exact name of registrant as specified in its charter)
         
New York
(State or Other Jurisdiction
of Incorporation)
  
0-11306
   (Commission File Number)
  
13-3139843
(I.R.S Employer
Identification No.)
 
551 Fifth Avenue
New York, New York
(Address of Principal Executive Offices)
10176
(Zip Code)
 
(212) 907-1500
(Registrant’s Telephone Number, Including Area Code)
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading symbol
Name of each Exchange on which registered
Common stock, $0.10 par value per share
VALU
The Nasdaq Capital Market
 
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.):
 
☐ 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))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the of the Securities Exchange Act of 1934.
 
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 October 6, 2023, the annual meeting of the shareholders of Value Line, Inc. was held to consider three proposals. Final votes have been tabulated and reported by American Stock Transfer & Trust Company, LLC, the Company’s transfer agent. Details of the voting are provided below:
 
 
Proposal 1:
 
To elect the following nominees as Directors of the Company.  
 
 
   
Votes For
 
Withheld
Howard A. Brecher
  
  9,038,408
  
215,320
Stephen R. Anastasio
  
  9,035,429
  
218,299
Mary Bernstein
  
  8,969,057
  
284,671
Alfred R. Fiore
  
  9,112,197
  
141,531
Stephen P. Davis
  
  9,112,201
  
141,527
Glenn J. Muenzer
  
  9,059,439
  
194,289
 
 
Proposal 2:
        
 
Votes
Votes
  
Broker
 
For
Against
Abstentions
Non-Vote
Advisory vote on executive compensation, commonly referred to as “say-on-pay”
9,244,535
8,073
1,120
0
 
 
Proposal 3:
          
 
Every 1 Year
Every 2 Years
Every 3 Years
Abstentions
Broker Non-Vote
Advisory vote on frequency of future stockholder advisory votes on executive compensation “say when-on-pay”
388,617
736
8,838,353
25,721
0
 
 
 
SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
VALUE LINE, INC.
 
 
Dated: October 6, 2023
By: 
/s/ Howard A. Brecher
   
Howard A. Brecher
Chairman & Chief Executive Officer
 
 
v3.23.3
Document And Entity Information
Oct. 06, 2023
Document Information [Line Items]  
Entity, Registrant Name Value Line, Inc.
Document, Type 8-K
Document, Period End Date Oct. 06, 2023
Entity, Incorporation, State or Country Code NY
Entity, File Number 0-11306
Entity, Tax Identification Number 13-3139843
Entity, Address, Address Line One 551 Fifth Avenue
Entity, Address, City or Town New York
Entity, Address, State or Province NY
Entity, Address, Postal Zip Code 10176
City Area Code 212
Local Phone Number 907-1500
Title of 12(b) Security Common stock
Trading Symbol VALU
Security Exchange Name NASDAQ
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity, Emerging Growth Company false
Amendment Flag false
Entity, Central Index Key 0000717720
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