On June 9, 2024, Barbara Nelson, a member of the Board of Directors of the Company (the “Board”), the Chair of the Nominating and Governance Committee of the Board and a member of the Audit Committee of the Board, notified the Company of her decision not to stand for reelection when her current term expires at the Company’s 2024 Annual Meeting of Stockholders.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Barbara Nelson departed as Director at GSI TECHNOLOGY INC.
Action
not stand for reelection
Role
Director
Exact text from the filing
On June 9, 2024, Barbara Nelson, a member of the Board of Directors of the Company (the “Board”), the Chair of the Nominating and Governance Committee of the Board and a member of the Audit Committee of the Board, notified the Company of her decision not to stand for reelection when her current term expires at the Company’s 2024 Annual Meeting of Stockholders.
GSI TECHNOLOGY INC completed a disposition involving D.R. Stephens & Company, LLC for $11.65 million cash (closed 2024-06-06).
Action
disposition
Counterparty
D.R. Stephens & Company, LLC
Consideration
$11.65 million cash
Closing
2024-06-06
Exact text from the filing
of the Company’s 1213 Elko Drive property in Sunnyvale, California (the “Sunnyvale Property”). Pursuant to the Purchase Agreement, the Company sold the Sunnyvale Property for $11.65 million cash. The foregoing descriptions are not intended to be complete descriptions of the Purchase Agreement or the transactions contemplated therein and are qualified in their
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