Snail, Inc. 8-K/A

What Happened

• Snail, Inc. (SNAL) filed an 8-K reporting the results of its 2026 Annual Meeting of Stockholders held May 27, 2026. Stockholders elected all eight director nominees and ratified the appointment of BDO USA, P.C. as the Company’s independent registered public accounting firm for fiscal 2026.
• As of the record date (April 15, 2026) there were 13,873,422 shares of Class A common stock (1 vote each) and 28,748,580 shares of Class B common stock (10 votes each) outstanding. Holders representing 291,710,391 votes (96.8% of total voting power) were present or represented by proxy, forming a quorum.

Key Details

• Board elections: Eight nominees elected. Selected vote totals (Votes For / Votes Withheld; broker non-votes = 3,622,465 for each nominee):
  • Hai Shi: 288,004,441 For / 83,485 Withheld
  • Jim Tsai: 288,002,004 For / 85,922 Withheld
  • Heidy Chow: 287,902,743 For / 185,183 Withheld
  • Peter Kang: 287,950,693 For / 137,233 Withheld
  • Ying Zhou: 287,950,293 For / 137,633 Withheld
  • Neil Foster: 288,009,601 For / 78,325 Withheld
  • Sandra Pundmann: 287,955,605 For / 132,321 Withheld
  • Ryan Jamieson: 288,008,487 For / 79,439 Withheld
• Auditor ratification: BDO USA, P.C. ratified as independent registered public accounting firm for year ending Dec 31, 2026 by vote of 291,440,661 For, 204,581 Against, and 65,149 Abstentions.
• The proposals and nominees were described in the Company’s definitive proxy statement filed April 17, 2026.

Why It Matters

• Investors get clarity on corporate governance: the incumbent board slate was approved, signaling continuity in leadership and oversight.
• Ratification of BDO USA, P.C. confirms the audit firm for fiscal 2026, which affects how the company’s financial statements will be audited and reported.
• High participation (96.8% of voting power) indicates strong shareholder engagement in these routine governance matters. No other proposals were presented for vote at the meeting.