Aterian, Inc. Files 8-K: Director Changes & Officer Compensation

TL;DR

Aterian's board is changing, new exec comp details out.

AI Summary

Aterian, Inc. filed an 8-K on August 16, 2024, reporting on the departure of directors, election of new directors, and compensatory arrangements for officers. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits. The company, formerly Mohawk Group Holdings, Inc., is incorporated in Delaware and headquartered in Summit, New Jersey.

Why It Matters

This filing provides crucial updates on the company's governance and executive compensation, which can impact investor confidence and strategic direction.

Risk Assessment

Risk Level: medium — Changes in board composition and executive compensation can signal internal shifts or strategic realignments that may carry inherent risks.

Key Players & Entities

• Aterian, Inc. (company) — Registrant
• Mohawk Group Holdings, Inc. (company) — Former Company Name
• August 16, 2024 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• Summit, New Jersey (location) — Principal Executive Office Address

FAQ

Key Financial Figures

• $0.0001 — e on which registered) Common Stock , $0.0001 Par Value ATER The Nasdaq Stock Mar
• $8,750 — ix month period. Mr. Kurtz will be paid $8,750 per month for his services pursuant to

Filing Documents

• ater20240816_8k.htm (8-K) — 38KB
• ex_715730.htm (EX-10.1) — 43KB
• 0001437749-24-027096.txt ( ) — 227KB
• ater-20240816.xsd (EX-101.SCH) — 3KB
• ater-20240816_def.xml (EX-101.DEF) — 12KB
• ater-20240816_lab.xml (EX-101.LAB) — 15KB
• ater-20240816_pre.xml (EX-101.PRE) — 12KB
• ater20240816_8k_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On August 16, 2024, Aterian, Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, a total of 4,092,148 shares of the Company's common stock, or 47.7% %, of the Company's issued and outstanding shares of common stock as of June 21, 2024, the record date for the Annual Meeting, were represented online or by proxy. At the Annual Meeting, the Company's stockholders considered two proposals, which are described in more detail in the Company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on July 5, 2024. Set forth below is a brief description of the matters voted upon at the Annual Meeting and the voting results with respect to such matters. Proposal No. 1: To approve the election of Susan Lattmann as a Class II Director to serve until our 2027 Annual Meeting of Stockholders. Nominee For Withheld Broker Non-votes Susan Lattmann 1,524,493 605,968 1,961,687 Proposal No. 2: To ratify the appointment of UHY LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2024. For Against Withheld Broker Non-votes 3,969,947 89,601 32,600 0

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Advisor Agreement, dated August 16, 2024, by and between Aterian, Inc. and William Kurtz. 104 Cover Page Interactive Data File, formatted in Inline Extensible Business Reporting Language (iXBRL)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 16, 2024 ATERIAN, INC. By: /s/ Arturo Rodriguez Arturo Rodriguez Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR