8-K
filed June 16, 2023, 7:59 PM ET
CIK 0001868778
other
confidence high
sentiment neutral
materiality 0.15
Informatica Inc.: debt financing — Informatica amends credit agreement to SOFR; annual meeting elects directors
Informatica Inc.
- Amended credit agreement to replace LIBOR with SOFR benchmark, credit spread adjustment 0.11448%-0.71513%.
- Annual meeting elected Janice Chaffin, Gerald Held, Ryan Lanpher, Austin Locke as Class II directors for three-year terms.
- Ratified Ernst & Young as independent auditor for FY2023 with 280,773,780 votes for.
- Approved non-binding advisory vote on executive compensation (247,913,061 for, 27,777,322 against).
- Changed registered agent to Corporation Service Company; registered office to 251 Little Falls Drive, Wilmington, DE.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Informatica Inc. amended credit facility with JPMorgan Chase Bank, N.A., as administrative agent at LIBOR replaced with SOFR plus a credit spread adjustment of 0.11448% to 0.71513%.
- Instrument
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent
- Rate
- LIBOR replaced with SOFR plus a credit spread adjustment of 0.11448% to 0.71513%
- Event
- amendment
Exact text from the filing
The Amendment replaced the London Interbank Offered Rate (“LIBOR”) interest rate benchmark with the Secured Overnight Financing Rate (“SOFR”) benchmark, with a credit spread adjustment to the SOFR benchmark ranging from 0.11448% to 0.71513% depending on the interest period.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Informatica Inc.: Changed registered agent to Corporation Service Company and registered office to 251 Little Falls Drive, Wilmington, Delaware (effective 2023-06-14).
- Effective
- 2023-06-14
Exact text from the filing
On June 13, 2023, the Board of Directors (the “Board”) the Company approved the filing of a Certificate of Change of Registered Agent and/or Registered Office (the “Certificate of Change”) with the Secretary of State of Delaware to change the Company’s registered agent to the Corporation Service Company, and its registered office to 251 Little Falls Drive, County of New Castle, Wilmington, Delaware 19808.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Informatica Inc. amended Amendment No. 1 with JPMorgan Chase Bank, N.A., as administrative agent (effective 2023-06-13).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent
- Effective
- 2023-06-13
Exact text from the filing
On June 13, 2023, Informatica Inc. (the “Company”), Informatica LLC, as borrower (the “Borrower”), the other guarantors party thereto, 13381986 Canada Inc. and JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”), entered into Amendment No. 1 (the “Amendment”) to the Credit and Guaranty Agreement
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Informatica Inc. shareholders approved Non-binding advisory approval of compensation of named executive officers at the 2023-06-13 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-13
Exact text from the filing
The approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers (Proposal 3): Votes For Votes Against Abstentions Broker Non-Votes 247,913,061 27,777,322 33,795 5,064,336
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Informatica Inc. shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-06-13 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-13
Exact text from the filing
The ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 (Proposal 2): Votes For Votes Against Abstentions Broker Non-Votes 280,773,780 11,903 2,631 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Informatica Inc. shareholders approved Election of Janice Chaffin, Gerald Held, Ryan Lanpher and Austin Locke as Class II directors at the 2023-06-13 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-13
Exact text from the filing
The election of Janice Chaffin, Gerald Held, Ryan Lanpher and Austin Locke to the Board of Directors as Class II directors (Proposal 1): Director Nominee Votes For Votes Withheld Broker Non-Votes Janice Chaffin 275,290,145 434,033 5,064,136 Gerald Held 275,221,865 502,313 5,064,136 Ryan Lanpher 260,552,983 15,171,195 5,064,136 Austin Locke 262,607,808 13,116,370 5,064,136
View on SEC.gov
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