secwatch.observer — SEC 8-K summary
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Issuer:     nCino, Inc. (NCNO)
CIK:        0001902733
Form:       8-K
Filed at:   2022-11-29T23:59:59+00:00
Accession:  0001902733-22-000031
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nCino appoints Bill Spruill to board; adopts majority voting for uncontested director elections
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- Board expanded to 8 members; Spruill, co-founder of Global Data Consortium ($300M exit), appointed independent director and Audit Committee member.
- Bylaws amended to require majority voting standard for uncontested director elections, replacing plurality; retains plurality for contested elections.
- Amendment responds to 2022 stockholder proposal; also updates adjournment, stockholder list, and director nomination procedural mechanics to reflect Delaware law and Rule 14a-19.
- Press release dated Nov 29, 2022, announcing Spruill's appointment; effective Nov 22, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902733/000190273322000031/0001902733-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902733/000190273322000031/ncno-20221122.htm
  HTML page:      https://secwatch.observer/filing/0001902733-22-000031

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