Concentrix Corp Files 8-K on Officer Changes & Shareholder Votes
Ticker: CNXC · Form: 8-K · Filed: Oct 29, 2024 · CIK: 1803599
Sentiment: neutral
Topics: corporate-governance, officer-changes, shareholder-vote
Related Tickers: CNXC
TL;DR
CNXC filed an 8-K detailing exec changes and shareholder votes. Stay tuned.
AI Summary
Concentrix Corporation filed an 8-K on October 29, 2024, reporting on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits. The report date is October 28, 2024.
Why It Matters
This filing provides crucial updates on the company's leadership and governance, which can impact investor confidence and strategic direction.
Risk Assessment
Risk Level: low — This is a routine filing detailing corporate governance and officer changes, not indicating immediate financial distress or significant operational shifts.
Key Players & Entities
- Concentrix Corporation (company) — Registrant
- October 28, 2024 (date) — Earliest event reported
- October 29, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- 39899 Balentine Drive, Suite 235, Newark, California 94560 (address) — Principal executive offices
FAQ
What specific officer positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers', but the specific names and positions are not detailed in the provided text.
Were there any significant shareholder votes or proposals mentioned in the filing?
Yes, the filing explicitly states 'Submission of Matters to a Vote of Security Holders' as an item covered.
What is the primary business of Concentrix Corporation?
Concentrix Corporation is in the 'SERVICES-BUSINESS SERVICES, NEC' industry, with SIC code 7389.
When is Concentrix Corporation's fiscal year end?
Concentrix Corporation's fiscal year ends on November 30 (1130).
What is the SEC file number for Concentrix Corporation?
The SEC file number for Concentrix Corporation is 001-39494.
Filing Stats: 827 words · 3 min read · ~3 pages · Grade level 11.5 · Accepted 2024-10-29 16:05:01
Key Financial Figures
- $0.0001 — ich registered Common Stock, par value $0.0001 per share CNXC The Nasdaq Stock Market
Filing Documents
- cnxc-20241028.htm (8-K) — 39KB
- amendedandrestated2020plan.htm (EX-10) — 227KB
- 0001803599-24-000179.txt ( ) — 426KB
- cnxc-20241028.xsd (EX-101.SCH) — 2KB
- cnxc-20241028_lab.xml (EX-101.LAB) — 22KB
- cnxc-20241028_pre.xml (EX-101.PRE) — 13KB
- cnxc-20241028_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 October 28, 2024, the Company held a Special Meeting for which the Company's Board solicited proxies pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended. At the Special Meeting, at which a quorum was present, the Company's stockholders (1) approved a proposal to amend Article IX of the Company's Amended and Restated Certificate of Incorporation (the "Charter") to remove the 66-2/3% supermajority voting standard required to amend or repeal Articles V, VII, VIII, or IX of the Charter (the "Charter Amendment"), (2) approved a proposal to amend and restate the 2020 Plan, including to (i) increase the number of authorized shares thereunder by 3,000,000 shares and (ii) remove the evergreen provision, among other amendments (the "2020 Plan Proposal"), and (3) approved the proposal for the adjournment of the Special Meeting to solicit additional proxies, if there are insufficient proxies at the Special Meeting to approve either of the foregoing proposals (the "Adjournment Proposal"). Set forth below are the final voting results for these proposals, each of which were described in the Company's Proxy Statement filed with the SEC on September 17, 2024: 1. Proposal No. 1: The Charter Amendment: For Against Abstain Broker Non-Votes 56,024,770 116,157 169,527 — 2. Proposal No. 2: The 2020 Plan Proposal: For Against Abstain Broker Non-Votes 41,051,074 15,086,888 172,492 — 3. Proposal No. 3: The Adjournment Proposal: For Against Abstain Broker Non-Votes 40,744,905 15,392,761 172,788 —
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Document Description 10.1 Concentrix Corporation Amended and Restated 2020 Stock 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, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 29, 2024 CONCENTRIX CORPORATION By: /s/ Jane C. Fogarty Jane C. Fogarty Executive Vice President, Legal