UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
OR 15d-16 UNDER THE U.S. SECURITIES EXCHANGE ACT OF 1934
For the month of May 2022
Commission File Number: 001-39693
Triterras, Inc.
(Name of registrant)
9 Raffles Place, #23-04 Republic Plaza
Singapore 048619
(Address of principal executive office)
Indicate by check mark whether the Company files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the Company is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the Company is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Submission of Matters to a Vote of Security Holders.
On May 5, 2022, Triterras, Inc. (the “Company”) held its 2021 annual general meeting of the Company’s shareholders (the “AGM”) at 9:00 a.m. (Singapore time). The AGM was held as a virtual meeting conducted by live audio webcast over the Internet, at https://www.cstproxy.com/triterras/2021, pursuant to notice duly given.
At the close of business on March 24, 2022, the record date of the AGM, there were 76,524,081 ordinary shares of the Company, par value $0.0001 per share (“Ordinary Shares”), outstanding and entitled to vote. At the beginning of the AGM, there were present at the AGM in person or by proxy shareholders holding approximately 58,773,862 Ordinary Shares, which constituted a quorum for the transaction of business at the AGM.
The matters that were voted upon at the AGM, and the number of votes cast for or against as well as the number of abstentions, as to each such matter are set forth below.
Proposal 1: Amendment to the Amended and Restated Articles of Association
Article 30.3 of the Amended and Restated Articles of Association of the Company was approved to be replaced in its entirety with the following:
30.3. | The Directors shall be divided into three (3) classes designated as Class I, Class II and Class III, respectively. Directors shall be assigned to each class in accordance with a resolution or resolutions adopted by the board of Directors. At the 2021 annual general meeting of the Company, the term of office of the Class I Directors shall expire and Class I Directors shall be elected for a full term of three (3) years. At the 2022 annual general meeting of the Company, the term of office of the Class II Directors shall expire and Class II Directors shall be elected for a full term of three (3) years. At the 2023 annual general meeting of the Company, the term of office of the Class III Directors shall expire and Class III Directors shall be elected for a full term of three (3) years. At each succeeding annual general meeting of the Company, Directors shall be elected for a full term of three (3) years to succeed the Directors of the class whose terms expire at such annual general meeting. Notwithstanding the foregoing provisions of this Article, each Director shall hold office until the expiration of his term, until his successor shall have been duly elected and qualified or until his earlier death, resignation or removal. No decrease in the number of directors constituting the board of Directors shall shorten the term of any incumbent Director. |
The following votes were tabulated with respect to this matter:
For | Against | Abstain | Total | |||||||
58,513,535 | 210,653 | 49,674 | 58,773,862 |
2
Proposal 2: Re-election of Srinivas Koneru as a Class I Director
Srinivas Koneru was re-elected as Class I Director of the Company for a full term of three years in accordance with the Amended and Restated Articles of Association of the Company (as amended), with the following votes tabulated:
For | Against | Abstain | Total | |||||||
58,235,759 | 497,972 | 40,131 | 58,773,862 |
Proposal 3: Re-election of Jayapal Ramasamy as a Class I Director
Jayapal Ramasamy was re-elected as Class I Director of the Company for a full term of three years in accordance with the Amended and Restated Articles of Association of the Company (as amended), with the following votes tabulated:
For | Against | Abstain | Total | |||||||
58,318,409 | 422,599 | 32,854 | 58,773,862 |
Proposal 4: Re-election of Kenneth Stratton as a Class I Director
Kenneth Stratton was re-elected as Class I Director of the Company for a full term of three years in accordance with the Amended and Restated Articles of Association of the Company (as amended), with the following votes tabulated:
For | Against | Abstain | Total | |||||||
57,874,232 | 863,703 | 35,927 | 58,773,862 |
Proposal 5: Current Directors of the Company
The Directors of the Company and the information contained in the table below was approved and ratified, effective immediately following the AGM:
Name of Director | Class of Director | Original Appointment Date | Current Term Expires | |||
Srinivas Koneru | Class I | November 10, 2020 | 2024 AGM | |||
Jayapal Ramasamy | Class I | April 28, 2021 | 2024 AGM | |||
Kenneth Stratton | Class I | November 10, 2020 | 2024 AGM | |||
Alvin Tan | Class II | November 10, 2020 | 2022 AGM | |||
Lilian Koh Nee Noi | Class II | April 28, 2021 | 2022 AGM | |||
Yong-Moon Kim | Class II | April 28, 2021 | 2022 AGM | |||
Richard M. Maurer | Class III | February 19, 2020 | 2023 AGM | |||
Adrian Kow Tuck Hoong | Class III | January 29, 2021 | 2023 AGM |
3
The following votes were tabulated with respect to this matter:
For | Against | Abstain | Total | |||||||
57,867,999 | 871,246 | 34,617 | 58,773,862 |
Proposal 6: Ratification of Appointment of WWC, P.C. as the Company’s independent registered public accounting firm for fiscal year ended February 28, 2022
The appointment of WWC, P.C. as the Company’s independent registered public accounting firm for the fiscal year ended February 28, 2022 was approved and ratified, with the following votes tabulated:
For | Against | Abstain | Total | |||||||
58,653,933 | 109,640 | 10,289 | 58,773,862 |
Proposal 7: Proposed Subdivision
The subdivision of the 83,195,869 outstanding and issued Ordinary Shares, and 469,000,001 authorised but unissued Ordinary Shares, each at a ratio of not less than 1-for-2 and not greater than 1-for-20, with the exact ratio to be set within that range at the discretion of the Company’s board of directors on or before 5 May 2023 without further approval or authorisation of the shareholders of the Company, noting that the directors may alternatively elect not to effect the subdivision as authorised by shareholders of the Company, at their discretion, was approved with the following votes tabulated:
For | Against | Abstain | Total | |||||||
57,990,404 | 719,765 | 63,693 | 58,773,862 |
Amendment to Amended and Restated Articles of Association.
As disclosed above, at the AGM, the Company’s shareholders approved an amendment (the “Amendment”) to the Company’s Amended and Restated Articles of Association (the “Existing Articles”) to correct typographical errors in Article 30.3 of the Existing Articles. On May 6, 2022, the Company filed the Amendment with the Registrar of Companies of the Cayman Islands, which Amendment became effective as of the date of the AGM.
The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which is attached as Exhibit 3.1 hereto and is incorporated by reference herein.
4
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TRITERRAS, INC. | ||
Date: May 10, 2022 | By: | /s/ Srinivas Koneru |
Name: Srinivas Koneru Title: Executive Chairman and | ||
Chief Executive Officer |
5
Exhibit No. |
Description | |
3.1 | Amendment to Amended and Restated Articles of Association. | |
6