Form 8-K - Current report

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) August 22, 2024

Commission File Number: 000-19599

WORLD ACCEPTANCE CORPORATION

(Exact name of registrant as specified in its charter.)


South Carolina						57-0425114
(State or other jurisdiction of incorporation or organization)						(I.R.S. Employer Identification Number)


104 South Main Street, Suite 400
Greenville,	South Carolina	29601
(Address of principal executive offices)
(Zip Code)


(864)			298-9800
(registrant's telephone number, including area code)

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


Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, no par value	WRLD	The NASDAQ Stock Market LLC
		(NASDAQ Global Select Market)

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))


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.

World Acceptance Corporation (the "Company") held its Annual Meeting of Shareholders (the "Annual Meeting") on August 21, 2024. Of the 5,851,948 shares outstanding and entitled to vote, 5,190,736 shares were represented at the Annual Meeting, which constituted a quorum. At the Annual Meeting the Company's shareholders voted on the matters disclosed in the Company's definitive Proxy Statement of Schedule 14A filed with the Securities and Exchange Commission on July 22, 2024 (the "Proxy Statement"). The final results of voting for each matter submitted to a vote of shareholders at the Annual Meeting are as follows:

Proposal 1 — Election of Directors

Elected the following seven individuals to serve as members of the Company's Board of Directors for a term of one year expiring at the Annual Meeting of Shareholders in 2025, or until their respective successors have been duly elected and qualified:


	Votes Cast For	Votes Withheld	Broker Non-Votes
Ken R. Bramlett, Jr.	4,441,586	247,429	501,721
R. Chad Prashad	4,660,951	28,064	501,721
Scott J. Vassalluzzo	4,252,698	436,317	501,721
Charles D. Way	4,507,492	181,523	501,721
Darrell E. Whitaker	4,591,917	97,098	501,721
Elizabeth R. Neuhoff	4,682,270	6,745	501,721
Benjamin E. Robinson III	4,680,694	8,321	501,721

Proposal 2 — Advisory Vote on Executive Compensation

Approved, on an advisory basis, the executive compensation paid to the Company's named executive officers as disclosed in the Proxy Statement:


For	Against	Abstain	Broker Non-Votes
4,646,686	17,618	24,711	501,721

Proposal 3 — Ratification of Appointment of Independent Registered Public Accounting Firm

Ratified the appointment of RSM US LLP as The Company's independent registered public accounting firm for the year ending March 31, 2025:


For	Against	Abstain	Broker Non-Votes
5,163,583	26,983	170	—

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.


WORLD ACCEPTANCE CORPORATION

	By: /s/ R. Chad Prashad
	R. Chad Prashad
	President and Chief Executive Officer
	Date:	August 22, 2024

Cover Page Cover Page	Aug. 04, 2020
Cover [Abstract]
Document Type	8-K
Document Period End Date	Aug. 22, 2024
Entity File Number	000-19599
Entity Registrant Name	WORLD ACCEPTANCE CORP
Entity Incorporation, State or Country Code	SC
Entity Tax Identification Number	57-0425114
Entity Address, Address Line One	104 South Main Street, Suite 400
Entity Address, City or Town	Greenville,
Entity Address, State or Province	SC
Entity Address, Postal Zip Code	29601
City Area Code	(864)
Local Phone Number	298-9800
Title of 12(b) Security	Common Stock, no par value
Trading Symbol	WRLD
Security Exchange Name	NASDAQ
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Amendment Flag	false
Entity Central Index Key	0000108385