{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T09:04:44.025066+00:00","company":{"ticker":"QMCO","cik":709283,"company_name":"QUANTUM CORP /DE/"},"pagination":{"limit":100,"returned":71,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Blue Torch Finance LLC","detail":"credit_facility","count":3,"first_seen":"2023-06-06T23:59:59+00:00","last_seen":"2024-03-25T23:59:59+00:00","evidence_fact_ids":[65276,74057,143389]},{"display_name":"PNC Bank, National Association","detail":"credit_facility","count":3,"first_seen":"2023-06-06T23:59:59+00:00","last_seen":"2024-03-25T23:59:59+00:00","evidence_fact_ids":[65277,74058,143390]},{"display_name":"Alter Domus LLC","detail":"credit_facility","count":2,"first_seen":"2026-06-02T14:41:23+00:00","last_seen":"2026-06-05T20:05:07+00:00","evidence_fact_ids":[52578,72840]},{"display_name":"U.S. Bank Trust Company, National Association","detail":"notes_offering","count":1,"first_seen":"2026-06-05T20:05:07+00:00","last_seen":"2026-06-05T20:05:07+00:00","evidence_fact_ids":[72842]},{"display_name":"YA II PN, Ltd.","detail":"equity_purchase","count":1,"first_seen":"2026-06-05T20:05:07+00:00","last_seen":"2026-06-05T20:05:07+00:00","evidence_fact_ids":[72841]}],"lender":[{"display_name":"Dialectic Technology SPV LLC","detail":"convertible_notes","count":1,"first_seen":"2025-12-18T23:59:59+00:00","last_seen":"2025-12-18T23:59:59+00:00","evidence_fact_ids":[36428]}]},"facts":[{"fact_type":"material_agreement","fact_key":"ef8ba5aab1869531b6e39a64cc31c01b3d00d13b","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2026-06-05T20:05:07+00:00","payload":{"action":"termination","agreement_name":"Indenture dated December 18, 2025","agreement_type":"notes_offering","counterparty":"U.S. Bank Trust Company, National Association","effective_date":"2026-06-04","item_codes_triggered":["1.02"],"value_text":"All outstanding 10.00% PIK Senior Secured Convertible Notes due 2028 canceled; Indenture satisfied a"},"claim":"QUANTUM CORP /DE/ terminated Indenture dated December 18, 2025 with U.S. Bank Trust Company, National Association valued at All outstanding 10.00% PIK Senior Secured Convertible Notes due 2028 canceled; Indenture satisfied a (effective 2026-06-04).","evidence_excerpt":"on June 4, 2026, all of the Company’s outstanding 10.00% PIK Senior Secured Convertible Notes due 2028 were canceled, and the Indenture was satisfied and discharged in full.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-259525","anchor_url":"https://secwatch.observer/filing/0001193125-26-259525#claim-ef8ba5aab1869531b6e39a64cc31c01b3d00d13b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312526259525/0001193125-26-259525-index.htm"},{"fact_type":"material_agreement","fact_key":"398f520da87559dc200c0ae710bffcb8ff6e18fb","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2026-06-05T20:05:07+00:00","payload":{"action":"termination","agreement_name":"Standby Equity Purchase Agreement","agreement_type":"equity_purchase","counterparty":"YA II PN, Ltd.","effective_date":"2026-06-04","item_codes_triggered":["1.02"],"value_text":"Termination notice provided; no amounts owed"},"claim":"QUANTUM CORP /DE/ terminated Standby Equity Purchase Agreement with YA II PN, Ltd. valued at Termination notice provided; no amounts owed (effective 2026-06-04).","evidence_excerpt":"on June 4, 2026, in accordance with the terms of the SEPA, the Company provided a notice to Yorkville regarding its termination of the SEPA, effective as of June 11, 2026.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-259525","anchor_url":"https://secwatch.observer/filing/0001193125-26-259525#claim-398f520da87559dc200c0ae710bffcb8ff6e18fb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312526259525/0001193125-26-259525-index.htm"},{"fact_type":"material_agreement","fact_key":"ccbd25cd77c4bf84405a20cdfc703d3c8fcdd084","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2026-06-05T20:05:07+00:00","payload":{"action":"termination","agreement_name":"Term Loan Credit and Security Agreement","agreement_type":"credit_facility","counterparty":"Alter Domus (US) LLC","effective_date":"2026-06-04","item_codes_triggered":["1.02"],"value_text":"$57.8 million paid to terminate"},"claim":"QUANTUM CORP /DE/ terminated Term Loan Credit and Security Agreement with Alter Domus (US) LLC valued at $57.8 million paid to terminate (effective 2026-06-04).","evidence_excerpt":"On June 4, 2026, Quantum Corporation (the “Company”) paid an aggregate of $57.8 million in connection with the termination of the Credit Agreement, consisting of the entire outstanding principal amount of $56.0 million, accrued interest of $1.5 million, and fees and expenses of $0.3 million incurred in connection with such termination.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-259525","anchor_url":"https://secwatch.observer/filing/0001193125-26-259525#claim-ccbd25cd77c4bf84405a20cdfc703d3c8fcdd084","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312526259525/0001193125-26-259525-index.htm"},{"fact_type":"equity_issuance","fact_key":"3a07e968fd2a6c076a9a8a32c097f943ba38e2ae","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2026-06-02T14:41:23+00:00","payload":{"action":"private_placement","consideration_text":"$9.42 per share","effective_date":"2026-06-01","item_codes_triggered":["3.02"],"purchaser":"certain accredited investors","security_type":"common_stock","shares_text":"10,615,712 shares"},"claim":"QUANTUM CORP /DE/ issued 10,615,712 shares of common stock to certain accredited investors for $9.42 per share.","evidence_excerpt":"the Company, in a private placement (the “Private Placement”), agreed to issue and sell to the Investors an aggregate of 10,615,712 shares of the Company’s common stock, par value $0.01 per share (“Common Stock”), at a price of $9.42 per share, for aggregate gross proceeds to the Company of approximately $100.0 million.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-252718","anchor_url":"https://secwatch.observer/filing/0001193125-26-252718#claim-3a07e968fd2a6c076a9a8a32c097f943ba38e2ae","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312526252718/0001193125-26-252718-index.htm"},{"fact_type":"material_agreement","fact_key":"63389fe33f1939623fb5db1941366a9411844c83","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2026-06-02T14:41:23+00:00","payload":{"action":"amendment","agreement_name":"Sixteenth Amendment","agreement_type":"credit_facility","counterparty":"Alter Domus (US) LLC","effective_date":"2026-06-01","item_codes_triggered":["1.01"],"value_text":null},"claim":"QUANTUM CORP /DE/ amended Sixteenth Amendment with Alter Domus (US) LLC (effective 2026-06-01).","evidence_excerpt":"On June 1, 2026, the Company entered into a Sixteenth Amendment (the “Sixteenth Amendment”) to its Term Loan Credit and Security Agreement, dated as of August 5, 2021 (as amended, restated, supplemented or otherwise modified prior to the date of the Sixteenth Amendment, the “Existing Credit Agreement” and the Existing Credit Agreement, as amended by the Sixteenth Amendment, the “Credit Agreement”), with the other loan parties party thereto, the lenders party thereto and Alter Domus (US) LLC, as disbursing agent and collateral agent.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-252718","anchor_url":"https://secwatch.observer/filing/0001193125-26-252718#claim-63389fe33f1939623fb5db1941366a9411844c83","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312526252718/0001193125-26-252718-index.htm"},{"fact_type":"material_agreement","fact_key":"240fa4a15034d7585709c37f3fe0a545d1e99c8d","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2026-06-02T14:41:23+00:00","payload":{"action":"entry","agreement_name":"PIPE Registration Rights Agreement","agreement_type":"equity_purchase","counterparty":"certain accredited investors","effective_date":"2026-06-01","item_codes_triggered":["1.01"],"value_text":null},"claim":"QUANTUM CORP /DE/ entered into PIPE Registration Rights Agreement with certain accredited investors (effective 2026-06-01).","evidence_excerpt":"In connection with the Private Placement, the Company entered into Registration Rights Agreements with the Investors, dated as of June 1, 2026 (the “PIPE Registration Rights Agreement”), pursuant to which the Company has agreed to (i) prepare and file a registration statement with the Securities and Exchange Commission (the “SEC”) covering the resale of the Common Stock sold in the Private Placement within 45 days of the closing of the Private Placement, (ii) use commercially reasonable efforts to have such registration statement declared effective within the time period set forth in the PIPE Registration Rights Agreement, and to keep such registration statement effective until the date that all registrable securities covered by such registration statement (a) have been sold, thereunder or pursuant to Rule 144, or (b) may be sold without volume or manner-of-sale restrictions pursuant to Rule 144 and without the requirement for 1 the Company to be in compliance with the current public i","confidence":0.7,"filing_url":"https://secwatch.observer/filing/0001193125-26-252718","anchor_url":"https://secwatch.observer/filing/0001193125-26-252718#claim-240fa4a15034d7585709c37f3fe0a545d1e99c8d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312526252718/0001193125-26-252718-index.htm"},{"fact_type":"material_agreement","fact_key":"b8e83bb3931e1cab894faf6cc3bf3beca25f5417","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2026-06-02T14:41:23+00:00","payload":{"action":"entry","agreement_name":"Purchase Agreement","agreement_type":"equity_purchase","counterparty":"certain accredited investors","effective_date":"2026-06-01","item_codes_triggered":["1.01"],"value_text":"approximately $100.0 million"},"claim":"QUANTUM CORP /DE/ entered into Purchase Agreement with certain accredited investors valued at approximately $100.0 million (effective 2026-06-01).","evidence_excerpt":"On June 1, 2026, Quantum Corporation (the “Company”) entered into Securities Purchase Agreements (the “Purchase Agreement”) with certain accredited investors (the “Investors”), pursuant to which the Company, in a private placement (the “Private Placement”), agreed to issue and sell to the Investors an aggregate of 10,615,712 shares of the Company’s common stock, par value $0.01 per share (“Common Stock”), at a price of $9.42 per share, for aggregate gross proceeds to the Company of approximately $100.0 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2025, the Company closed the transactions contemplated by the Transaction Agreement (the “Closing”), including its issuance to Dialectic, on a dollar-for-dollar basis, senior secured convertible notes in an aggregate principal amount of $54,718,114 (the “Convertible Notes”) in exchange (the “Debt Exchange”) for the amounts then outstanding and owing by the Company to Dialectic under certain term loans held by Dialectic (including principal, any prepayment penalties and exit fees, but excluding any accrued and unpaid interest thereon, the “Term 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Company closed the transactions contemplated by the Transaction Agreement (the “Closing”), including its issuance to Dialectic, on a dollar-for-dollar basis, senior secured convertible notes in an aggregate principal amount of $54,718,114 (the “Convertible Notes”)","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-25-000091","anchor_url":"https://secwatch.observer/filing/0000709283-25-000091#claim-8700485972312fbb03def11c10e4ab38b7ac3147","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928325000091/0000709283-25-000091-index.htm"},{"fact_type":"auditor_change","fact_key":"44fe31964952312144e988a808296d3376205558","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2025-10-06T23:59:59+00:00","payload":{"action":"engagement","auditor_name":"CohnReznick 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On September 30, 2025 , the Company, at the recommendation of the Audit Committee, made the decision to select CohnReznick LLP (“CohnReznick”) as auditors for the Company for the fiscal year ending March 31, 2026, contingent upon the execution of an engagement letter following completion of CohnReznick’s standard client acceptance procedures.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-25-000061","anchor_url":"https://secwatch.observer/filing/0000709283-25-000061#claim-44fe31964952312144e988a808296d3376205558","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928325000061/0000709283-25-000061-index.htm"},{"fact_type":"auditor_change","fact_key":"b73b0f1c77116125bf53dba294ee2a780abe3818","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2025-10-06T23:59:59+00:00","payload":{"action":"dismissal","auditor_name":"Grant Thornton LLP","disagreement_text":null,"effective_date":"2025-09-30","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":"CohnReznick LLP"},"claim":"QUANTUM CORP /DE/ dismissed Grant Thornton LLP as its auditor.","evidence_excerpt":"Dismissal of Independent Registered Public Accounting Firm The Audit Committee (the “Audit Committee”) of the Board of Directors of Quantum Corporation (the “Company”) conducted a competitive process to determine the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2026. As a result of this process and following careful deliberation, on September 30, 2025 , the Audit Committee dismissed Grant Thornton LLP (“Grant Thornton”) as the Company's independent registered public accounting firm, effective as of that same date.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-25-000061","anchor_url":"https://secwatch.observer/filing/0000709283-25-000061#claim-b73b0f1c77116125bf53dba294ee2a780abe3818","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928325000061/0000709283-25-000061-index.htm"},{"fact_type":"equity_issuance","fact_key":"3ffb9f0de6a3a88896e4eec6837dc1b4a546b100","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2025-09-23T23:59:59+00:00","payload":{"action":"private_placement","consideration_text":"on a dollar-for-dollar basis","effective_date":null,"item_codes_triggered":["3.02"],"purchaser":"Dialectic Technology SPV LLC","security_type":"convertible_note","shares_text":null},"claim":"QUANTUM CORP /DE/ issued convertible note to Dialectic Technology SPV LLC for on a dollar-for-dollar basis.","evidence_excerpt":"the Company will issue to Dialectic, on a dollar-for-dollar basis, one or more senior secured convertible notes (the “Convertible Notes”) in exchange (the “Debt Exchange”) for the amounts then outstanding and owing by the Company to Dialectic under certain term loans held by Dialectic","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-212374","anchor_url":"https://secwatch.observer/filing/0001193125-25-212374#claim-3ffb9f0de6a3a88896e4eec6837dc1b4a546b100","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312525212374/0001193125-25-212374-index.htm"},{"fact_type":"exchange_compliance_notice","fact_key":"b2ae3e90b1df0915779161a8c6ce6431c5ae027d","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2025-08-26T23:59:59+00:00","payload":{"company_response":null,"compliance_status":"deficient","cure_deadline":null,"deficiency_type":"late_filing","delisting_effective_date":null,"exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2025-08-21","notice_type":"deficiency_notice","plan_due_date":null,"raw_rule_text":null,"reported_value":null,"rule_numbers":["5250(c)(1)"],"rules_cited_in_text":true},"claim":"QUANTUM CORP /DE/ received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"August 21, 2025, Quantum Corporation (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications staff of the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2025 (the “Quarterly Report”) with the Securities and Exchange Commission (the “SEC”). On August 15, 2025, the Company filed a Notification of Late Filing on Form 12b-25 with the SEC indicating that the Quarterly Report","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-25-000029","anchor_url":"https://secwatch.observer/filing/0000709283-25-000029#claim-b2ae3e90b1df0915779161a8c6ce6431c5ae027d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928325000029/0000709283-25-000029-index.htm"},{"fact_type":"auditor_change","fact_key":"d3ea1b8af8ecc90e0a77aad00109283f23728018","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2025-08-08T23:59:59+00:00","payload":{"action":"non_reliance","auditor_name":"Grant Thornton LLP","disagreement_text":null,"effective_date":"2025-08-08","item_codes_triggered":["4.02"],"non_reliance_signal":"non_reliance","successor_auditor_name":null},"claim":"QUANTUM CORP /DE/ reported that prior financial statements should not be relied upon.","evidence_excerpt":"elated communications issued by or on behalf of the Company with respect to the Non-Reliance Period, including management’s assessment of internal control over financial reporting and disclosure controls and procedures, should no longer be relied upon. 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Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum closing bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. 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The appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024 has been ratified. For Against Abstain 65,135,154 192,382 1,123,333","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-235310","anchor_url":"https://secwatch.observer/filing/0001193125-23-235310#claim-220942775c8f1c1245eb8d0c191c3890f77e2c31","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312523235310/0001193125-23-235310-index.htm"},{"fact_type":"shareholder_vote","fact_key":"70729872737d781244f97150b22d9f3762f10152","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-09-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-12","outcome":"passed","proposal_text":"Frequency of advisory votes on executive compensation","proposal_type":"say_on_pay_frequency","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":null,"votes_against":null,"votes_for":"57,319,341","votes_withheld":null}]},"claim":"QUANTUM CORP /DE/ shareholders approved Frequency of advisory votes on executive compensation at the 2023-09-12 meeting.","evidence_excerpt":"Proposal 5. The frequency of advisory votes to approve the compensation of the Company’s named executive officers has been determined as “One Year” on a non-binding advisory basis. One Year Two Years Three Years 57,319,341 163,250 1,067,247","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-235310","anchor_url":"https://secwatch.observer/filing/0001193125-23-235310#claim-70729872737d781244f97150b22d9f3762f10152","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312523235310/0001193125-23-235310-index.htm"},{"fact_type":"shareholder_vote","fact_key":"aedc2bc12b5989f7f2e800671e3cce723a02f876","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-09-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-12","outcome":"passed","proposal_text":"Advisory vote on compensation of named executive officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"6,416,304","subject":null,"votes_abstain":"983,190","votes_against":"3,804,573","votes_for":"55,246,802","votes_withheld":null}]},"claim":"QUANTUM CORP /DE/ shareholders approved Advisory vote on compensation of named executive officers at the 2023-09-12 meeting.","evidence_excerpt":"Proposal 4. The compensation of the Company’s named executive officers has been approved on a non-binding advisory basis. 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The amendment and restatement of the Employee Stock Purchase Plan has been approved. For Against Abstain Broker Non-Votes 55,263,373 4,114,145 657,047 6,416,304","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-235310","anchor_url":"https://secwatch.observer/filing/0001193125-23-235310#claim-4f00e3109162fe1ff88604bbc4f45594fbe9c37c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312523235310/0001193125-23-235310-index.htm"},{"fact_type":"shareholder_vote","fact_key":"8d156369a08322c0d21a9ffdd1598dc95f20ed00","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-09-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-12","outcome":"passed","proposal_text":"Adoption of the 2023 Long-Term Incentive Plan","proposal_type":"equity_plan","results":[{"broker_non_votes":"6,416,304","subject":null,"votes_abstain":"653,310","votes_against":"3,393,065","votes_for":"55,988,190","votes_withheld":null}]},"claim":"QUANTUM CORP /DE/ shareholders approved Adoption of the 2023 Long-Term Incentive Plan at the 2023-09-12 meeting.","evidence_excerpt":"Proposal 2 . The adoption of the 2023 Long-Term Incentive Plan has been approved. For Against Abstain Broker Non-Votes 55,988,190 3,393,065 653,310 6,416,304","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-235310","anchor_url":"https://secwatch.observer/filing/0001193125-23-235310#claim-8d156369a08322c0d21a9ffdd1598dc95f20ed00","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312523235310/0001193125-23-235310-index.htm"},{"fact_type":"shareholder_vote","fact_key":"78d045db84c6f0386f45a5f1387f1ba7866fd11b","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-09-14T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-09-12","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"6,416,304","subject":"James J. 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Jaworski","votes_abstain":"881,257","votes_against":"1,855,479","votes_for":"57,297,829","votes_withheld":null},{"broker_non_votes":"6,416,304","subject":"Hugues Meyrath","votes_abstain":"941,866","votes_against":"1,828,601","votes_for":"57,264,098","votes_withheld":null}]},"claim":"QUANTUM CORP /DE/ shareholders approved Election of Directors at the 2023-09-12 meeting.","evidence_excerpt":"Proposal 1. The following directors were elected to serve until the 2024 annual meeting or until their successors are elected and duly qualified: For Against Abstain Broker Non-Votes James J. Lerner 56,386,409 3,612,462 35,694 6,416,304 Marc E. Rothman 56,155,005 3,190,462 689,098 6,416,304 Yue Zhou (“Emily”) White 57,265,135 2,079,372 690,058 6,416,304 Christopher D. Neumeyer 56,718,787 2,466,843 848,935 6,416,304 Donald J. Jaworski 57,297,829 1,855,479 881,257 6,416,304 Hugues Meyrath 57,264,098 1,828,601 941,866 6,416,304","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-235310","anchor_url":"https://secwatch.observer/filing/0001193125-23-235310#claim-78d045db84c6f0386f45a5f1387f1ba7866fd11b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312523235310/0001193125-23-235310-index.htm"},{"fact_type":"auditor_change","fact_key":"e9f80f653ccbd96251162425145597244ed4eeaa","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-08-21T23:59:59+00:00","payload":{"action":"engagement","auditor_name":"Grant Thornton LLP","disagreement_text":null,"effective_date":"2023-08-18","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"QUANTUM CORP /DE/ engaged Grant Thornton LLP as its auditor.","evidence_excerpt":"the Audit Committee of the Board of Directors of Quantum Corporation (the “Company”) appointed Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024, effective immediately","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-23-000030","anchor_url":"https://secwatch.observer/filing/0000709283-23-000030#claim-e9f80f653ccbd96251162425145597244ed4eeaa","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000030/0000709283-23-000030-index.htm"},{"fact_type":"earnings_release","fact_key":"2aac40d97534f48d171828a2a78f75fbab0a3737","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-08-08T23:59:59+00:00","payload":{"eps_text":"($0.06), plus or minus $0.02","guidance_signal":"lowered","item_codes_triggered":["2.02"],"net_income_text":"Non-GAAP adjusted net loss per share of ($0.06), plus or minus $0.02","period_text":"full fiscal year 2024","report_date":"2023-08-08","result_type":"guidance_update","revenue_text":"$360.0 million, plus or minus $10.0 million"},"claim":"QUANTUM CORP /DE/ reported full fiscal year 2024 results: revenue $360.0 million, plus or minus $10.0 million, net income Non-GAAP adjusted net loss per share of ($0.06), plus or minus $0.02, EPS ($0.06), plus or minus $0.02. Guidance lowered.","evidence_excerpt":"For the full fiscal year 2024, the Company expect the following outlook: • Revenues of $360.0 million, plus or minus $10.0 million • Non-GAAP gross margin of approximately 42% • Non-GAAP adjusted net loss per share of ($0.06), plus or minus $0.02 • Adjusted EBITDA of approximately $17.0 million, plus or minus $3 million","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000709283-23-000028","anchor_url":"https://secwatch.observer/filing/0000709283-23-000028#claim-2aac40d97534f48d171828a2a78f75fbab0a3737","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000028/0000709283-23-000028-index.htm"},{"fact_type":"earnings_release","fact_key":"6950a914f49626c94ae4c39ab2c6e3c6254bfcc5","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-08-08T23:59:59+00:00","payload":{"eps_text":"($0.04), plus or minus $0.02","guidance_signal":"lowered","item_codes_triggered":["2.02"],"net_income_text":"Non-GAAP adjusted net loss per share of ($0.04), plus or minus $0.02","period_text":"second fiscal quarter of 2024","report_date":"2023-08-08","result_type":"guidance_update","revenue_text":"$80.0 million, plus or minus $3.0 million"},"claim":"QUANTUM CORP /DE/ reported second fiscal quarter of 2024 results: revenue $80.0 million, plus or minus $3.0 million, net income Non-GAAP adjusted net loss per share of ($0.04), plus or minus $0.02, EPS ($0.04), plus or minus $0.02. Guidance lowered.","evidence_excerpt":"For the second fiscal quarter of 2024, the Company now expects the following guidance: • Revenues of $80.0 million, plus or minus $3.0 million • Non-GAAP gross margin of approximately 42% • Non-GAAP adjusted net loss per share of ($0.04), plus or minus $0.02 • Adjusted EBITDA of approximately $2.0 million","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000709283-23-000028","anchor_url":"https://secwatch.observer/filing/0000709283-23-000028#claim-6950a914f49626c94ae4c39ab2c6e3c6254bfcc5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000028/0000709283-23-000028-index.htm"},{"fact_type":"earnings_release","fact_key":"6040f53db4279a671e4fed5cb0c22c2d3c5a77c8","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-08-08T23:59:59+00:00","payload":{"eps_text":"($0.11) per share","guidance_signal":"lowered","item_codes_triggered":["2.02"],"net_income_text":"($0.11) per share","period_text":"fiscal first quarter ended June 30, 2023","report_date":"2023-08-08","result_type":"reported_results","revenue_text":"$91.8 million"},"claim":"QUANTUM CORP /DE/ reported fiscal first quarter ended June 30, 2023 results: revenue $91.8 million, net income ($0.11) per share, EPS ($0.11) per share. Guidance lowered.","evidence_excerpt":"Quantum Corporation (Nasdaq: QMCO) announced today financial results for its fiscal first quarter ended June 30, 2023. First Quarter Fiscal 2024 Financial Summary • Revenue was $91.8 million, a decrease of 5% year-over-year • GAAP gross margin was 38.1%, and non-GAAP gross margin expanded to 38.3% • Subscription ARR was up 78% year-over-year at $14.6 million • GAAP","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000709283-23-000028","anchor_url":"https://secwatch.observer/filing/0000709283-23-000028#claim-6040f53db4279a671e4fed5cb0c22c2d3c5a77c8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000028/0000709283-23-000028-index.htm"},{"fact_type":"earnings_release","fact_key":"659f7868f17e3b08762d65ddeade411503f7e7d0","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-06-06T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the quarter and full year ended March 31, 2023","report_date":"2023-06-06","result_type":"reported_results","revenue_text":null},"claim":"QUANTUM CORP /DE/ reported financial results for the quarter and full year ended March 31, 2023.","evidence_excerpt":"On June 6, 2023, we reported our financial results for the quarter and full year ended March 31, 2023. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-23-000012","anchor_url":"https://secwatch.observer/filing/0000709283-23-000012#claim-659f7868f17e3b08762d65ddeade411503f7e7d0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000012/0000709283-23-000012-index.htm"},{"fact_type":"restructuring_charge","fact_key":"af9ee910843e506c4d459ee6a25c84f3b61831b0","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-06-06T23:59:59+00:00","payload":{"affected_area":"global","charge_text":"approximately $8.5 million","effective_date":"2023-05-31","event_type":"restructuring","headcount_text":"over 10%","item_codes_triggered":["2.05"]},"claim":"QUANTUM CORP /DE/ announced a restructuring with charges of approximately $8.5 million affecting global (over 10%).","evidence_excerpt":"On May 31, 2023, the Company’s board of directors (the “Board”) approved a global efficiency plan (the “Efficiency Plan”). The Efficiency Plan is intended to support the Company’s strategic plan and reduce operating expenses by further aligning its cost structure to focus on areas the Company believes are more likely to generate the best long-term results, in light of the current industry and macro-economic environment. As a result, the Company's activities under the Efficiency Plan include a reduction of the Company’s global workforce by over 10%. These activities are expected to be substantially completed by the end of fiscal year 2025. The Company currently estimates it will incur cash pre-tax restructuring charges of approximately $8.5 million through the end of fiscal year 2025, as a result of the Efficiency Plan, comprised primarily of severance and related costs.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-23-000012","anchor_url":"https://secwatch.observer/filing/0000709283-23-000012#claim-af9ee910843e506c4d459ee6a25c84f3b61831b0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000012/0000709283-23-000012-index.htm"},{"fact_type":"material_agreement","fact_key":"446eac264b6310d419ebe3d59ff9e97b7a32a9d8","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-06-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"2023 Term Loan Warrant","agreement_type":"credit_facility","counterparty":null,"effective_date":"2023-06-01","item_codes_triggered":["1.01"],"value_text":null},"claim":"QUANTUM CORP /DE/ entered into 2023 Term Loan Warrant (effective 2023-06-01).","evidence_excerpt":"In connection with the Term Loan Amendment, on the Closing Date, the Company issued to the lender of the 2023 Term Loan under the Term Loan Credit Agreement (the “Initial Warrantholder”) a warrant (the “2023 Term Loan Warrant”) to purchase an aggregate of 1,250,000 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), at an exercise price of $1.00 per share.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-23-000012","anchor_url":"https://secwatch.observer/filing/0000709283-23-000012#claim-446eac264b6310d419ebe3d59ff9e97b7a32a9d8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000012/0000709283-23-000012-index.htm"},{"fact_type":"material_agreement","fact_key":"726be98e95859d3cfe2bcbfa86569ed83d043777","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP 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time to time party thereto, and PNC Bank, National Association, as administrative agent and collateral agent for such lenders (the “Revolving Agent”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-23-000012","anchor_url":"https://secwatch.observer/filing/0000709283-23-000012#claim-726be98e95859d3cfe2bcbfa86569ed83d043777","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000012/0000709283-23-000012-index.htm"},{"fact_type":"material_agreement","fact_key":"866b1ece1e5250773cb8cdb1351a12237be20688","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-06-06T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Term Loan Amendment","agreement_type":"credit_facility","counterparty":"Blue Torch Finance LLC, as disbursing agent and collateral agent for the lenders","effective_date":"2023-06-01","item_codes_triggered":["1.01"],"value_text":"$15 million"},"claim":"QUANTUM CORP /DE/ amended Term Loan Amendment with Blue Torch Finance LLC, as disbursing agent and collateral agent for the lenders valued at $15 million (effective 2023-06-01).","evidence_excerpt":"On June 1, 2023 (the “Closing Date”), Quantum Corporation (the “Company”) entered into an amendment (the “Term Loan Amendment”) to the Term Loan Credit and Security Agreement, dated as of August 5, 2021 (as the same has been and may be further amended, modified, supplemented, renewed, restated or replaced from time to time, the “Term Loan Credit Agreement”), among the Company, Quantum LTO Holdings, LLC, a Delaware limited liability company and a wholly-owned subsidiary of the Company (“Quantum LTO”), the other borrowers and guarantors from time to time party thereto, the lenders from time to time party thereto, and Blue Torch Finance LLC, as disbursing agent and collateral agent for such lenders (the “Term Loan Agent”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-23-000012","anchor_url":"https://secwatch.observer/filing/0000709283-23-000012#claim-866b1ece1e5250773cb8cdb1351a12237be20688","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000012/0000709283-23-000012-index.htm"},{"fact_type":"executive_change","fact_key":"7767f90fbe","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-06-06T23:59:59+00:00","payload":{"action":"transitioned","action_category":"role_change","departure_tone":"routine","effective_date":"2023-06-06","interim":false,"role":"Vice President, Finance and Treasurer","role_category":"other_named_officer","successor_name":"Laura A. Nash","successor_named":true},"claim":"Lewis Moorehead changed role as Vice President, Finance and Treasurer at QUANTUM CORP /DE/.","evidence_excerpt":"Ms. Nash will succeed Lewis Moorehead, who will be transitioning out of his current role of Chief Accounting Officer effective June 6, 2023, and will serve as the Company’s Vice President, Finance and Treasurer.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000709283-23-000012","anchor_url":"https://secwatch.observer/filing/0000709283-23-000012#claim-7767f90fbe","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000012/0000709283-23-000012-index.htm"},{"fact_type":"executive_change","fact_key":"273c0d02eb","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-06-06T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-06-06","interim":false,"role":"Chief Accounting Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Laura A. Nash was appointed as Chief Accounting Officer at QUANTUM CORP /DE/.","evidence_excerpt":"Effective as of June 6, 2023, the Board appointed Laura A. Nash as Chief Accounting Officer of the Company.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000709283-23-000012","anchor_url":"https://secwatch.observer/filing/0000709283-23-000012#claim-273c0d02eb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000012/0000709283-23-000012-index.htm"},{"fact_type":"earnings_release","fact_key":"165ede7c89f95c9a60d10a9af099ba028155ddb4","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-02-02T23:59:59+00:00","payload":{"eps_text":"($0.02) per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$2.2 million","period_text":"fiscal third quarter ended December 31, 2022","report_date":"2023-02-02","result_type":"reported_results","revenue_text":"$111.2 million"},"claim":"QUANTUM CORP /DE/ reported fiscal third quarter ended December 31, 2022 results: revenue $111.2 million, net income $2.2 million, EPS ($0.02) per share.","evidence_excerpt":"Quantum Reports Third Quarter Fiscal 2023 Results Revenue Increases 16.6% Year-over-Year to $111.2 Million","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-23-000005","anchor_url":"https://secwatch.observer/filing/0000709283-23-000005#claim-165ede7c89f95c9a60d10a9af099ba028155ddb4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928323000005/0000709283-23-000005-index.htm"},{"fact_type":"executive_change","fact_key":"c3b413c01a","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-01-11T23:59:59+00:00","payload":{"action":"transitioning out","action_category":"role_change","departure_tone":"routine","effective_date":"2023-01-12","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":"Kenneth P. Gianella","successor_named":true},"claim":"J. Michael Dodson changed role as Chief Financial Officer at QUANTUM CORP /DE/.","evidence_excerpt":"J. Michael Dodson, who will be transitioning out of his current role of Chief Financial Officer effective January 12, 2023, and will serve in a senior advisory role until August 2023 pursuant to the terms of the letter agreement dated as of January 9, 2023 (the “Transition Agreement”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-006495","anchor_url":"https://secwatch.observer/filing/0001193125-23-006495#claim-c3b413c01a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312523006495/0001193125-23-006495-index.htm"},{"fact_type":"executive_change","fact_key":"96eccc4c35","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2023-01-11T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-01-12","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Kenneth P. Gianella was appointed as Chief Financial Officer at QUANTUM CORP /DE/.","evidence_excerpt":"Kenneth P. Gianella has been appointed Chief Financial Officer of the Company.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-006495","anchor_url":"https://secwatch.observer/filing/0001193125-23-006495#claim-96eccc4c35","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000119312523006495/0001193125-23-006495-index.htm"},{"fact_type":"earnings_release","fact_key":"804348d208d422ad13f5adf231261ea0705109d8","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2022-11-02T23:59:59+00:00","payload":{"eps_text":"($0.13) per share","guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":"($0.13) per share","period_text":"the quarter ended September 30, 2022","report_date":"2022-11-02","result_type":"reported_results","revenue_text":"$99.1 million"},"claim":"QUANTUM CORP /DE/ reported the quarter ended September 30, 2022 results: revenue $99.1 million, net income ($0.13) per share, EPS ($0.13) per share. Guidance initiated.","evidence_excerpt":"30, 2022. A copy of our earnings release is furnished as Exhibit 99.1 to this report. \n\n--- EX-99.1 (EX-99.1) ---\n\nQuantum Reports Second Quarter Fiscal 2023 Results Revenue of $99.1 Million at High-End of Guidance Amid Improving Supply Chain; Guides to Continued Revenue Growth SAN JOSE, Calif. — November 2, 2022 — Quantum Corporation (NASDAQ: QMCO) announced today","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000709283-22-000047","anchor_url":"https://secwatch.observer/filing/0000709283-22-000047#claim-804348d208d422ad13f5adf231261ea0705109d8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928322000047/0000709283-22-000047-index.htm"},{"fact_type":"executive_change","fact_key":"ab1b50a667","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2022-09-28T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2022-11-09","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Hugues Meyrath was appointed as Director at QUANTUM CORP /DE/.","evidence_excerpt":"On September 22, 2022, the Board of Directors (the “Board”) of Quantum Corporation (the “Company”) on the recommendation of the Corporate Governance and Nominating Committee of the Board, unanimously appointed Don Jaworski and Hugues Meyrath to fill a newly created vacancies on the Board resulting from the expansion of the number of members of the Board from five to seven, effective on November 9, 2022.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000709283-22-000042","anchor_url":"https://secwatch.observer/filing/0000709283-22-000042#claim-ab1b50a667","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928322000042/0000709283-22-000042-index.htm"},{"fact_type":"executive_change","fact_key":"53149a82a8","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2022-09-28T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2022-11-09","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Don Jaworski was appointed as Director at QUANTUM CORP /DE/.","evidence_excerpt":"On September 22, 2022, the Board of Directors (the “Board”) of Quantum Corporation (the “Company”) on the recommendation of the Corporate Governance and Nominating Committee of the Board, unanimously appointed Don Jaworski and Hugues Meyrath to fill a newly created vacancies on the Board resulting from the expansion of the number of members of the Board from five to seven, effective on November 9, 2022.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000709283-22-000042","anchor_url":"https://secwatch.observer/filing/0000709283-22-000042#claim-53149a82a8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928322000042/0000709283-22-000042-index.htm"},{"fact_type":"executive_change","fact_key":"a5d84a639a","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2022-06-16T23:59:59+00:00","payload":{"action":"not stand for re-election","action_category":"departure","departure_tone":"routine","effective_date":null,"interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Raghavendra Rau departed as Director at QUANTUM CORP /DE/.","evidence_excerpt":"On June 14, 2022, Raghavendra Rau, a member of the Board of Directors (the “Board”) of Quantum Corporation (the “Company”), informed the Company of his decision not to stand for re-election as a member of the Board at the Company’s upcoming 2022 annual meeting of stockholders.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000709283-22-000020","anchor_url":"https://secwatch.observer/filing/0000709283-22-000020#claim-a5d84a639a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928322000020/0000709283-22-000020-index.htm"},{"fact_type":"executive_change","fact_key":"e1fac3d975","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2021-08-13T23:59:59+00:00","payload":{"action":"transitioned","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2021-08-11","interim":false,"role":"Worldwide Leader of Field Operations","role_category":"other","successor_name":null,"successor_named":false},"claim":"Elizabeth King changed role as Worldwide Leader of Field Operations at QUANTUM CORP /DE/.","evidence_excerpt":"Additionally, Elizabeth King will transition from her role as Quantum’s Chief Revenue Officer to Worldwide Leader of Field Operations, effective as of August 11, 2021, and Mrs. King will no longer be a Section 16 reporting officer.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000709283-21-000044","anchor_url":"https://secwatch.observer/filing/0000709283-21-000044#claim-e1fac3d975","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928321000044/0000709283-21-000044-index.htm"},{"fact_type":"executive_change","fact_key":"bef99ffc99","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2021-08-13T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2021-08-11","interim":false,"role":"Chief Revenue Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"John Hurley was appointed as Chief Revenue Officer at QUANTUM CORP /DE/.","evidence_excerpt":"On August 11, 2021, Quantum Corporation (“Quantum”) announced the appointment of John Hurley as Quantum’s Chief Revenue Officer effective immediately.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000709283-21-000044","anchor_url":"https://secwatch.observer/filing/0000709283-21-000044#claim-bef99ffc99","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928321000044/0000709283-21-000044-index.htm"},{"fact_type":"executive_change","fact_key":"7e4c7df0c6","cik":709283,"ticker":"QMCO","company_name":"QUANTUM CORP /DE/","filed_at":"2021-07-23T23:59:59+00:00","payload":{"action":"declined to stand for re-election","action_category":"departure","departure_tone":"routine","effective_date":null,"interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"John Fichthorn departed as Director at QUANTUM CORP /DE/.","evidence_excerpt":"On July 20, 2021, John Fichthorn notified the Board of Directors (the “Board”) of Quantum Corporation, a Delaware corporation (the “Company”), of his decision to decline to stand for re-election to the Board and all committees thereof at the 2021 annual meeting of the stockholders (the “Annual Meeting”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000709283-21-000038","anchor_url":"https://secwatch.observer/filing/0000709283-21-000038#claim-7e4c7df0c6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/709283/000070928321000038/0000709283-21-000038-index.htm"}]}