secwatch.observer — SEC 8-K summary
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Issuer:     DigitalBridge Group, Inc. (DBRG)
CIK:        0001679688
Form:       8-K
Filed at:   2023-05-17T23:59:59+00:00
Accession:  0001679688-23-000064
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 3.03, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DigitalBridge shareholders reject say-on-pay; authorized shares cut 75%; new CLO
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- Say-on-pay failed: 55.3M votes for, 70.9M against; advisory resolution not approved.
- Authorized Class A common reduced from 949M to 237.25M; Class B from 1M to 250k; effective May 12.
- Common stock par value cut from $0.04 to $0.01 per share, effective May 11, 2023.
- Geoffrey Goldschein appointed Chief Legal Officer and Secretary, succeeding Ronald Sanders.
- All nine director nominees elected; Ernst & Young ratified as auditor for FY2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679688/000167968823000064/0001679688-23-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679688/000167968823000064/dbrg-20230511.htm
  HTML page:      https://secwatch.observer/filing/0001679688-23-000064

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