secwatch.observer — SEC 8-K summary
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Issuer:     ZUORA INC (—)
CIK:        0001423774
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001140361-24-023723
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zuora appoints John Harkey to board under cooperation agreement with Scalar Gauge
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- John D. Harkey Jr. appointed to Zuora Board as Class I director effective April 30, 2024.
- Board expanded to 10 members, 9 independent; Harkey joins Compensation and Nominating/Governance committees.
- Cooperation agreement with Scalar Gauge Fund (3.7% holder) includes standstill and voting provisions until 2025 annual meeting.
- Harkey brings over 25 years experience as CEO, director, and private investor; co-founded AveXis (sold to Novartis).
- Standstill limits Scalar Gauge to 9.9% max ownership and prohibits proxy solicitation during restricted period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423774/000114036124023723/0001140361-24-023723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423774/000114036124023723/ef20027735_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-023723

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