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 earliest event reported) May 15, 2025

 

Pharma-Bio Serv, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

0-50956

 

20-0653570

(State or other jurisdiction

 of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

6 Road 696, Dorado, Puerto Rico

 

00646

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s Telephone number, including area code (787) 278-2709 

 ____________________________________________________

(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:

 

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: None

 

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

 

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.

 

On May 15, 2025, Pharma-Bio Serv, Inc. (the “Company”) held its 2025 Annual Meeting of Stockholders (the “Annual Meeting”). Below is a summary of the proposals and corresponding votes.

 

Howard Spindel was elected as a Class III director to serve for a term until the 2028 Annual Meeting of Stockholders or until his successor is duly elected and qualified. Howard Spindel received the following votes:

 

Nominee

Votes For

Votes Withheld

Howard Spindel

7,265,978

2,359,070

 

There were 3,264,532 broker non-votes on this proposal.

 

The ratification of the selection of Crowe PR PSC as the Company's independent certified public accountants for the fiscal year ending October 31, 2025 received the following votes:

 

Votes For

Votes Against

Abstain

12,887,897

1,701

0

 

There were no broker non-votes on this proposal.

 

                The non-binding advisory vote on the compensation of the named executive officers of the Company received the following votes:

 

Votes For

Votes Against

Abstain

8,979,762

65,851

579,435

 

There were 3,264,532 broker non-votes on this proposal.

 

The non-binding advisory vote on the frequency of the advisory vote on Say on Pay in future years received the following votes:

 

1 Year

2 Years

3 Years

Abstain

2,232,426

0

6,645,421

747,201

 

There were 3,264,532 broker non-votes on this proposal.

 

The Company has considered the outcome of this advisory vote and has determined, as was recommended by the Company’s Board of Directors in the proxy statement for the Annual Meeting, that the Company will hold an advisory vote every three years on the compensation of the Company’s named executive officers until the next required frequency vote.

 

Item 9.01. Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit No.

 

Description

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 
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SIGNATURES

 

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.

 

 

PHARMA-BIO SERV, INC.

 

 

 

 

 

Date: May 16, 2025

By:  

/s/ Pedro J. Lasanta

 

 

 

Pedro J. Lasanta  

 

 

 

Chief Financial Officer, Vice President Finance and Administration and Secretary

 

 

 
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