8-K
filed November 2, 2023, 7:59 PM ET
CIK 0001584754
other material
confidence high
sentiment neutral
materiality 0.55
Akoustis shareholders approve doubling authorized common stock to 175M shares; ESPP shares raised to 1M
ATECH (PARENT) RESOLUTION CORP.
- Authorized common stock increased from 125M to 175M shares via Certificate of Amendment effective Nov 2, 2023.
- ESPP share reserve doubled from 500,000 to 1,000,000 shares, approved by stockholders at Annual Meeting.
- All eight director nominees elected; say-on-pay approved 22.0M for vs 7.5M against.
- Marcum LLP ratified as independent auditor for FY2024 with 44.8M for, 0.9M against.
- Approximately 44.3M broker non-votes on director elections and advisory proposals reflect significant unvoted shares.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
ATECH (PARENT) RESOLUTION CORP.: Increased authorized shares of Common Stock from 125,000,000 to 175,000,000 via Certificate of Amendment to Certificate of Incorporation (effective 2023-11-02).
- Change
- charter amendment
- Effective
- 2023-11-02
Exact text from the filing
On November 2, 2023, the Company filed a Certificate of Amendment (the “Certificate of Amendment”) to its Certificate of Incorporation with the Secretary of State of the State of Delaware for the purpose of increasing the number of authorized shares of Common Stock, from 125,000,000 shares to 175,000,000 shares.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ATECH (PARENT) RESOLUTION CORP. shareholders approved Advisory vote on executive compensation at the 2023-11-02 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
Proposal 2 – The Company’s stockholders approved, on a non-binding, advisory basis, the compensation paid to the Company’s named executive officers, with the votes cast as follows: For Against Abstain Broker Non-Votes 22,016,577 7,499,406 548,372 16,243,358
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ATECH (PARENT) RESOLUTION CORP. shareholders approved Approval of Certificate of Amendment at the 2023-11-02 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
Proposal 3 – The Company’s stockholders approved the Certificate of Amendment, with the votes cast as follows: For Against Broker Non-Votes 37,388,404 8,919,309 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ATECH (PARENT) RESOLUTION CORP. shareholders approved Ratification of appointment of Marcum LLP as independent auditors at the 2023-11-02 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
Proposal 5 – The Company’s stockholders ratified the appointment of Marcum LLP as the Company’s independent public accounting firm for the fiscal year ending June 30, 2024, with the votes cast as follows: For Against Abstain Broker Non-Votes 44,832,023 910,611 565,079 16,243,358
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ATECH (PARENT) RESOLUTION CORP. shareholders approved Approval of ESPP Amendment at the 2023-11-02 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
Proposal 4 – The Company’s stockholders approved the ESPP Amendment, with the votes cast as follows: For Against Abstain Broker Non-Votes 26,051,875 3,819,576 192,904 16,243,358
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
ATECH (PARENT) RESOLUTION CORP. shareholders approved Election of eight nominees to the board of directors at the 2023-11-02 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-11-02
Exact text from the filing
Proposal 1 – The Company’s stockholders elected the eight nominees to the Company’s board of directors to serve one-year terms expiring at the 2024 annual meeting of stockholders and until their successors are duly elected and qualified, or until their earlier resignation or removal, with the votes cast as follows: For Withheld Broker Non-Votes Steven P. DenBaars 26,745,960 3,318,395 16,243,358 Arthur E. Geiss 26,644,803 3,419,552 16,243,358 J. Michael McGuire 26,509,411 3,554,944 16,243,358 Jeffrey K. McMahon 26,404,480 3,659,875 16,243,358 Jerry D. Neal 23,191,393 6,872,962 16,243,358 Michelle L. Petock 26,684,471 3,379,884 16,243,358 Suzanne B. Rudy 26,342,372 3,721,983 16,243,358 Jeffrey B. Shealy 26,208,566 3,855,789 16,243,358
View on SEC.gov
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