06/13/2025 | Press release | Distributed by Public on 06/13/2025 14:16
Item 5.03
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AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR |
At the Annual Meeting of Shareholders of NWPX Infrastructure, Inc. (the "Company") on June 12, 2025 (the "2025 Annual Meeting"), the Company's shareholders approved an amendment to the Company's Articles of Incorporation to change the corporate name from Northwest Pipe Company to NWPX Infrastructure, Inc. (the "Name Change"). On June 12, 2025, the Company effectuated the Name Change by filing articles of amendment of the Articles of Incorporation with the Oregon Secretary of State. The Company also amended its Bylaws on the same day to reflect the Name Change. Copies of the Second Amendment to Second Restated Articles of Incorporation and Amendment to Amended and Restated Bylaws are filed as Exhibit 3.1 and Exhibit 3.2, respectively, hereto and are incorporated by reference herein. The only change to the Company's Amended and Restated Articles of Incorporation and Amended and Restated Bylaws is the change of the corporate name from Northwest Pipe Company to NWPX Infrastructure, Inc. in each document. |
Item 5.07
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SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
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At the 2025 Annual Meeting, the Company's shareholders: (i) elected two directors; (ii) approved, on an advisory basis, the compensation paid to the Company's named executive officers; (iii) ratified the appointment of Baker Tilly US, LLP (successor by merger to Moss Adams LLP) as the Company's independent registered public accountants for the year ending December 31, 2025; and (iv) approved an amendment to the Company's Articles of Incorporation to change its name to NWPX Infrastructure, Inc. Set forth below are the voting results for each of these proposals.
Proposal 1: Election of two directors:
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Nominee
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For
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Withheld
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Broker Non-votes
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||||
Michael Franson (three-year term)
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6,701,821 | 1,342,425 | 1,100,119 | ||||
Irma Lockridge (three-year term) | 6,354,863 | 1,689,383 | 1,100,119 |
Proposal 2: Advisory vote on executive compensation: |
For
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Against
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Abstain
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Broker Non-votes
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||||
7,049,809 | 840,298 | 154,139 | 1,100,119 |
Proposal 3: Ratification of the appointment of Baker Tilly US, LLP (successor by merger to Moss Adams LLP) as the Company's independent registered public accountants for the year ending December 31, 2025: |
For
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Against
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Abstain
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Broker Non-votes
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||||
8,974,643 | 138,661 | 31,061 |
-
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Proposal 4: Amendment of the Company's Articles of Incorporation to change its name to NWPX Infrastructure, Inc. |
For
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Against
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Abstain
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Broker Non-votes
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||||
9,126,628 | 7,578 | 10,159 |
-
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