Ambarella Director Departs, New Director Elected
Ticker: AMBA · Form: 8-K · Filed: Jun 17, 2024 · CIK: 1280263
| Field | Detail |
|---|---|
| Company | Ambarella INC (AMBA) |
| Form Type | 8-K |
| Filed Date | Jun 17, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.00045 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-composition, director-change, filing
Related Tickers: AMBA
TL;DR
Board shakeup at Ambarella: Dr. Chen out, Mr. Jones in.
AI Summary
Ambarella Inc. announced on June 12, 2024, the departure of director Dr. Wen-Hann Chen and the election of Mr. Paul R. Jones as a new Class III director. The company also reported on the submission of matters to a vote of security holders and filed financial statements and exhibits.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board changes and standard reporting, with no immediate financial or operational risks indicated.
Key Players & Entities
- Ambarella Inc. (company) — Registrant
- Dr. Wen-Hann Chen (person) — Departing Director
- Mr. Paul R. Jones (person) — Newly Elected Director
- June 12, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from Ambarella's board of directors?
Dr. Wen-Hann Chen has departed from Ambarella's board of directors.
Who has been elected as a new director to Ambarella's board?
Mr. Paul R. Jones has been elected as a new Class III director.
What is the exact date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is June 12, 2024.
What other items are reported in this 8-K filing besides director changes?
This 8-K filing also reports on the submission of matters to a vote of security holders and the filing of financial statements and exhibits.
In which jurisdiction was Ambarella, Inc. incorporated?
Ambarella, Inc. was incorporated in the Cayman Islands.
Filing Stats: 900 words · 4 min read · ~3 pages · Grade level 11.8 · Accepted 2024-06-17 16:53:31
Key Financial Figures
- $0.00045 — on which registered Ordinary Shares, $0.00045 par value AMBA The Nasdaq Global Se
Filing Documents
- d822730d8k.htm (8-K) — 36KB
- d822730dex101.htm (EX-10.1) — 99KB
- 0001193125-24-162670.txt ( ) — 279KB
- amba-20240612.xsd (EX-101.SCH) — 3KB
- amba-20240612_lab.xml (EX-101.LAB) — 17KB
- amba-20240612_pre.xml (EX-101.PRE) — 11KB
- d822730d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 10.1 Ambarella, Inc. Amended and Restated 2021 Equity Incentive Plan 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Signature Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: June 17, 2024 Ambarella, Inc. /s/ Michael Morehead Michael Morehead General Counsel and Corporate Secretary