secwatch.observer — SEC 8-K summary
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Issuer:     NASDAQ, INC. (NDAQ)
CIK:        0001120193
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001193125-22-307314
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq amends Stockholders' Agreement with Investor AB, reinstates board nomination right and standstill
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- Amendment dated Dec. 14, 2022 reinstates Investor AB's right to propose one board nominee, subject to Nominating & ESG Committee approval.
- Johan Torgeby (President & CEO of SEB) is designated as Investor AB's board representative until Nasdaq's 2024 annual meeting.
- Standstill restrictions are reinstated and will lapse when Investor AB owns <10% of Nasdaq common stock, upon a change of control, or other specified events.
- Board representation right also terminates upon Investor AB's withdrawal or Nasdaq's decision not to support the designee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120193/000119312522307314/0001193125-22-307314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120193/000119312522307314/d423787d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-307314

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