secwatch.observer — SEC 8-K summary
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Issuer:     Cerence Inc. (CRNC)
CIK:        0001768267
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0000950170-25-022216
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Cerence shareholders elect directors, approve say-on-pay, but reject officer liability limitation amendment
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- All seven director nominees elected: Arun Sarin, Brian Krzanich, Marianne Budnik, Douglas Davis, Marcy Klevorn, Kristi Ann Matus, Alfred Nietzel.
- Non-binding advisory say-on-pay compensation proposal approved with ~19.9M for vs 0.6M against.
- Ratification of BDO USA as independent auditor for FY2025 approved with ~29.5M for vs 0.4M against.
- Amendment to limit officer liability failed with 19.4M for, 1.2M against, 9.5M broker non-votes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1768267/000095017025022216/0000950170-25-022216-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1768267/000095017025022216/crnc-20250213.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-022216

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer