UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): ~~June~~November 173, 2022


GRANITE FALLS ENERGY, LLC
(Exact name of small business issuer as specified in its charter)

Minnesota	000-51277	41-1997390
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

15045 Highway 23 SE, Granite Falls, MN		56241-0216
(Address of principal executive offices)		(Zip Code)

(320) 564-3100
(Issuer's telephone number)

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


Title of each class:	Trading Symbol	Name of each exchange on which registered:
None	NA	NA

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):


o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o	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

On ~~June 17~~November 3, 2022, Granite Falls Energy, LLC (the “Company”) held its 2022 ~~Annual~~Special Meeting of Members (the “~~Annual~~Special Meeting”) for the purpose ~~of electing~~ ~~three governors to its board~~ of ~~governors.~~voting ~~Votes~~on ~~were~~the ~~solicited~~following ~~in person and by proxy.~~proposals:

Of● ~~the~~Amend ~~Company’s~~and ~~30,606~~restate ~~units~~the ~~issued,~~Sixth ~~outstanding~~ Amended and ~~entitled~~Restated toOperating ~~vote~~Agreement atdated March 23, 2017 (the ~~Annual~~“Current ~~Meeting,~~Operating ~~17,619~~Agreement”) ~~units,~~to orprovide ~~57.57%~~for ofthree ~~the~~separate ~~total~~and distinct classes of units: Class A, ~~were~~Class ~~present~~B, ~~either~~and inClass ~~person~~C orUnits byas ~~proxy.~~set ~~As a~~forth ~~result,~~in athe ~~quorum~~proposed ~~was~~Seventh ~~present~~Amended toand ~~conduct~~Restated ~~business~~Operating atAgreement (the ~~Annual~~“Proposed ~~Meeting.~~Operating Agreement”);

~~There~~● ~~were~~Reclassify ~~three~~the ~~nominees~~units into Class A, Class B and Class C Units for the ~~three~~purpose ~~governor positions,~~of ~~incumbent~~discontinuing ~~Dean~~the ~~Buesing,~~registration ~~incumbent~~of ~~Sherry~~the ~~Jean~~units ~~Larson,~~under ~~and~~the ~~incumbent~~Securities ~~Robin~~Exchange ~~Spaude.~~Act ~~The~~of ~~votes~~1934 ~~were~~(the ~~as follows:~~“Reclassification”);

Name	Votes For		Votes Withheld/Abstaining
Dean Buesing		16,036		1,563
Sherry Jean Larson		15,405		1,509
Robin Spaude		15,473		1,441

●

Adjourn or postpone the special meeting if necessary or appropriate, for the purpose of soliciting additional proxies if there are not sufficient votes at the time of the Special Meeting to approve the matters under consideration; and

As● aTransact ~~result,~~such ~~Mr.~~other ~~Buesing,~~business ~~Ms.~~as ~~Larson~~may ~~and~~properly ~~Mr.~~come ~~Spaude were~~before ~~elected governors of~~ the ~~Company~~Special ~~to serve three-year terms expiring at the 2025 Annual~~ Meeting or ~~until~~any aadjournments ~~successor has been elected and qualified or such governor’s earlier death, resignation, or removal~~thereof.

NoOf ~~other~~the ~~matters~~Company’s ~~were~~30,606 ~~voted~~units ~~upon~~issued, outstanding and entitled to vote at the ~~Annual~~Special Meeting, 21,861 units, or 71.43% of the total units, were present either in person or by proxy. As a result, a quorum was present to conduct business at the Special Meeting.

~~ITEM~~There 8were three proposals for the members to vote on.01 -The ~~OTHER~~votes ~~EVENTS~~were as follows:

OnPROPOSAL ~~June~~1: ~~17,~~AMEND ~~2022,~~AND ~~the~~RESTATE ~~Board~~OUR ~~of Governors of the~~SIXTH ~~Company~~AMENDED ~~declared~~AND aRESTATED ~~cash~~OPERATING distribution of $600.00 per membership unit to the holders of record of the Company’s units at the close of business on June 16, 2022, for a total distribution of $18,363,600. The Company expects to pay the distribution by the end of July 2022, subject to approval from the Company’s lender.AGREEMENT

SIGNATURES

Votes For		Votes Against		Abstain
13,919		7,816		100

~~Pursuant~~As toa ~~the~~result, ~~requirements of~~ the ~~Securities~~Current ~~Exchange~~Operating ~~Act~~Agreement ofwas amended ~~1934,~~and ~~the~~restated ~~registrant~~to ~~has~~provide ~~duly~~for ~~caused~~three ~~this~~separate ~~report~~and todistinct beclasses ~~signed~~of onunits ~~its~~as ~~behalf~~set byforth in the ~~undersigned~~Proposed ~~hereunto duly~~Operating ~~authorized~~Agreement.

	GRANITE FALLS ENERGY, LLC
Date: June 22, 2022	/s/ Stacie Schuler
	Stacie Schuler, Chief Financial Officer

PROPOSAL 2: RECLASSIFY THE COMPANY UNITS

Votes For		Votes Against		Abstain
13,385		7,993		407

As a result, the Company’s units were reclassified into Class A, Class B and Class C Units for the purpose of the Reclassification.

PROPOSAL 3: ADJOURNMENT OR POSTPONEMENT

Votes For		Votes Against		Abstain
13,882		7,668		235

Proposals 1 and 2 were conditioned on each other. Since each was approved, both Proposal 1 and Proposal 2 were approved and will be implemented by the Company. Due to the passage of Proposals 1 and 2, the outcome of voting on Proposal 3 was not relevant to the business of the Company being conducted at the Special Meeting.

Due to regulatory time periods required by the Company’s qualified matching service operator pursuant to the Internal Revenue Code, the Company intends to implement the Proposed Operating Agreement and Unit Reclassification on November 15, 2022.

No other matters were voted upon at the Special Meeting.

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.

	GRANITE FALLS ENERGY, LLC

Date: November 4, 2022	/s/ Stacie Schuler
	Stacie Schuler, Chief Financial Officer

Filing Compare · Granite Falls Energy, LLC