Broadwind, Inc. Files 8-K with Corporate Updates
Ticker: BWEN · Form: 8-K · Filed: May 20, 2024 · CIK: 1120370
| Field | Detail |
|---|---|
| Company | Broadwind, Inc. (BWEN) |
| Form Type | 8-K |
| Filed Date | May 20, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing, bylaws
Related Tickers: BWND
TL;DR
BWND filed an 8-K, expect corporate updates and votes soon.
AI Summary
Broadwind, Inc. filed an 8-K on May 20, 2024, reporting on events that occurred on May 16, 2024. The filing indicates changes to the company's articles of incorporation or bylaws, submission of matters to a vote of security holders, and the filing of financial statements and exhibits. Specific details regarding the nature of these changes or votes are not provided in this excerpt.
Why It Matters
This filing signals potential changes in Broadwind's corporate structure or governance, which could impact shareholders and business operations.
Risk Assessment
Risk Level: low — The filing is a standard corporate disclosure and does not immediately indicate significant financial or operational risks.
Key Players & Entities
- BROADWIND, INC. (company) — Registrant
- May 16, 2024 (date) — Earliest event reported
- May 20, 2024 (date) — Date of report
FAQ
What specific amendments were made to Broadwind, Inc.'s articles of incorporation or bylaws?
The provided excerpt does not specify the exact amendments made to the articles of incorporation or bylaws.
What matters were submitted to a vote of Broadwind, Inc.'s security holders?
The excerpt states that matters were submitted to a vote, but does not detail what those specific matters were.
What financial statements and exhibits are included in this 8-K filing?
The filing indicates that financial statements and exhibits are included, but the specific contents are not detailed in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on May 16, 2024.
What is Broadwind, Inc.'s IRS Employer Identification Number?
Broadwind, Inc.'s IRS Employer Identification Number is 88-0409160.
Filing Stats: 817 words · 3 min read · ~3 pages · Grade level 11.9 · Accepted 2024-05-20 16:57:26
Key Financial Figures
- $0.001 — nge on which registered Common Stock , $0.001 par value BWEN The NASDAQ Capital Ma
Filing Documents
- bwen20240520_8k.htm (8-K) — 42KB
- bwen20240520_8kimg001.jpg (GRAPHIC) — 5KB
- 0001437749-24-017691.txt ( ) — 188KB
- bwen-20240516.xsd (EX-101.SCH) — 3KB
- bwen-20240516_def.xml (EX-101.DEF) — 12KB
- bwen-20240516_lab.xml (EX-101.LAB) — 15KB
- bwen-20240516_pre.xml (EX-101.PRE) — 12KB
- bwen20240520_8k_htm.xml (XML) — 3KB
03. Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year. At the 2024 Annual Meeting of Stockholders on May 16, 2024 (the "Annual Meeting"), the stockholders of Broadwind, Inc. (the "Company") approved an amendment to the Company's Certificate of Incorporation (the "Certificate of Amendment") to increase the number of authorized shares of the Company's common stock from 30,000,000 shares to 45,000,000 shares. The Certificate of Amendment was filed with the Secretary of State of Delaware and became effective on May 16, 2024. The foregoing description of the Certificate of Amendment is qualified in its entirety by reference to the full text of the Certificate of Amendment, a copy of which is filed as Exhibit 3.1 and is incorporated herein by reference.
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On May 16, 2024, the Annual Meeting was held. Matters voted on by the stockholders included: (i) election of six directors to hold office for a term of one year or until their successors are duly elected and qualified; (ii) a non-binding advisory vote to approve the compensation of the Company's named executive officers ("Say-on-Pay" vote); (iii) an amendment to the Company's Certificate of Incorporation to increase the number of authorized shares of Common Stock; (iv) an amendment to the Company's Certificate of Incorporation to permit the exculpation of officers; and (v) ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for 2024. The results of the stockholders' votes are reported below: 1. With respect to the election of directors: NAME OF CANDIDATE FOR AGAINST Eric B. Blashford 7,885,306 919,088 Philip J. Christman 7,786,632 1,062,996 Jeanette A. Press 7,831,662 953,368 David P. Reiland 7,624,871 1,160,474 Sachin M. Shivaram 8,161,924 720,477 Cary B. Wood 7,820,237 1,029,952 2. With respect to the non-binding advisory vote to approve the compensation of the Company's named executive officers ("Say-on-Pay" vote): FOR AGAINST ABSTAIN BROKER NON-VOTES 7,554,091 1,306,796 95,137 6,841,804 3 . With respect to the approval of amendment to the Company's Certificate of Incorporation to increase the number of authorized shares of Common Stock: FOR AGAINST ABSTAIN 13,011,337 2,571,832 214,659 4 . With respect to the approval of amendment to the Company's Certificate of Incorporation to permit the exculpation of officers: FOR AGAINST ABSTAIN BROKER NON-VOTES 7,531,549 1,263,965 160,510 6,841,804 5 . With respect to the ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for 2024: FOR AGAINST ABSTAIN 14,573,338 1,124,777 99,7
01 Financial Statement and Exhibits
Item 9.01 Financial Statement and Exhibits (d) Exhibits EXHIBIT NUMBER DESCRIPTION 3.1 Certificate of Amendment to the Certificate of Incorporation of the Company, dated May 16, 2024 (incorporated by reference to Exhibit 4.4 to the Company's Registration Statement on Form S-8 filed May 17, 2024) 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. BROADWIND, INC. May 20, 2024 By: /s/ Eric B. Blashford Eric B. Blashford President and Chief Executive Officer (Principal Executive Officer)