Washington, D.C. 20549










Pursuant to Section 13 OR 15(d) of the

Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): December 31, 2019 (December 31, 2019)



(Exact name of registrant as specified in its charter)



Delaware   001-38036   26-4731758

(State or other jurisdiction

of incorporation)




File Number)



(IRS Employer

Identification No.)


Room 1105 Wing On Plaza, 62 Mody Road, Tsim Sha Tsui, Kowloon, Hong Kong

(Address of Principal Executive Offices)


Registrant’s telephone number: +852 3158 0977



(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 (see General Instruction A.2. below):


¨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))


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


Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.001 per share TKAT NYSE American


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.  ¨






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


Takung Art Co., Ltd., a Delaware corporation (the “Company”) held its annual meeting of shareholders for its fiscal year ended December 31, 2018 at 8:00 p.m., December 30, 2019, E.T. (9:00 a.m., December 31, 2019, local time) at its principal executive offices in Hong Kong. Holders of 9,374,313 shares of the Company's common stock were present in person or by proxy at the annual meeting, representing 83.28% of the total 11,255,129 outstanding shares of the common stock and therefore constituting a quorum of more than a majority of the shares outstanding and entitled to vote at the annual meeting as of the record date of November 8, 2019. The final voting results for each matter submitted to a vote of shareholders at the meeting are as follows:



1.Election of Directors


The following individuals were elected as Directors to serve on the Board of Directors (the “Board”) until the annual meeting of shareholders for the year ended December 31, 2019 or until his or her successor is duly elected and qualified. No broker non-votes are counted.


Director’s Name Votes For Votes Withheld
Ming Cheng 8,684,903 200
Jiangping Xiao 8,684,903 200
Li Lv 8,685,103 -
Xiaoyu Zhang 8,684,903 200



2.Ratification of Marcum Bernstein & Pinchuk LLP as the Company’s independent auditor for the fiscal year ended December 31, 2017


The shareholders ratified the appointment of Marcum Bernstein & Pinchuk LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2019. Broker non-votes are counted.


For Against Abstain
9,368,020 - 6,293





3.Advisory Vote on Compensation of Named Executive Officers


The shareholders approved, on an advisory, non-binding basis, the compensation of our named executive officers. No broker non-votes are counted.


For Against Abstain
8,684,683 220 200





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


  Takung Art Co., Ltd
Date:   December 31, 2019  

/s/ Fang Mu

  Name: Fang Mu
  Title: Chief Executive Officer