other material
confidence high
sentiment neutral
materiality 0.50
Harmonic extends cooperation pact with Scopia; Dan Whalen on 2022 board slate
HARMONIC INC.
- Scopia's director designation right extended until 15 business days before 2023 nomination deadline or 75 days before first anniversary of 2022 annual meeting.
- Dan Whalen will appear on Board's slate of director nominees for 2022 annual meeting.
- Standstill period extended until the first day the Scopia Director is no longer serving and Scopia declines replacement, or the 2023 Deadline.
- Amendment dated March 24, 2022, modifies the original April 9, 2021 Cooperation Agreement.