GEN Restaurant Group, Inc. Files Form 8-K and Announces 2025 Annual Meeting Results

Strategic Insights -

GEN Restaurant Group, Inc., a leading restaurant company, has announced the results of its 2025 Annual Meeting of Stockholders, held virtually on June 18, 2025. The meeting saw a strong turnout, with 99% of the combined voting power of shares of Class A common stock and Class B common stock present, representing a quorum for the transaction of business. The final voting results were announced, with shareholders re-electing David Kim as a Class III director and ratifying the appointment of CBIZ CPAs P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.

Key Takeaways:

  • 99% of the combined voting power of shares of Class A common stock and Class B common stock were present at the Annual Meeting, representing a quorum for the transaction of business.
  • Holders of the Company's Class A common stock were entitled to one vote for each share held as of the close of business on April 21, 2025 (the "Record Date"), and holders of the Company's Class B common stock were entitled to ten votes for each share held as of the Record Date.
  • The final voting results saw David Kim re-elected as a Class III director, receiving 277,653,664 votes in favor, 201,799 against, and 1,670,039 abstentions.
  • The appointment of CBIZ CPAs P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025 was ratified, with 278,837,899 votes in favor, 282,372 against, and 405,231 abstentions.
  • Thomas V. Croal, Chief Financial Officer, signed the Form 8-K report on behalf of GEN Restaurant Group, Inc.

Statistics:

  • 5,038,461 shares of Class A common stock and 27,761,515 shares of Class B common stock were present at the Annual Meeting, representing 99% of the combined voting power of the shares entitled to vote.
  • The total number of votes cast in favor of David Kim's re-election was 277,653,664.
  • The total number of votes cast in favor of ratifying the appointment of CBIZ CPAs P.C. was 278,837,899.
  • The number of shareholders who abstained from voting on Proposal Two was 405,231.

Sources:

  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT
  • GEN Restaurant Group, Inc.'s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 30, 2025.