MultiPlan Corp. Files 8-K on Security Holder Votes and Other Events
Ticker: CTEV · Form: 8-K · Filed: Sep 11, 2024 · CIK: 1793229
| Field | Detail |
|---|---|
| Company | Multiplan CORP (CTEV) |
| Form Type | 8-K |
| Filed Date | Sep 11, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing, sec-filing
Related Tickers: MPLN
TL;DR
MPLN filed an 8-K covering security holder votes and other events as of Sept 9, 2024.
AI Summary
MultiPlan Corp. filed an 8-K on September 11, 2024, reporting on matters submitted to a vote of security holders and other events. The filing covers the period ending September 9, 2024, and includes financial statements and exhibits. The company, incorporated in Delaware, is headquartered at 115 Fifth Avenue, New York, NY 10003.
Why It Matters
This filing provides updates on corporate governance and significant events that could impact investor decisions and the company's operational direction.
Risk Assessment
Risk Level: low — This is a routine filing of an 8-K, which typically reports on corporate events and does not inherently signal significant new risks.
Key Numbers
- 001-39228 — SEC File Number (Identifies the company's filing history with the SEC.)
- 84-3536151 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- MultiPlan Corp. (company) — Registrant
- 0001628280-24-040056 (filing_id) — Accession Number
- September 9, 2024 (date) — Date of earliest event reported
- 115 Fifth Avenue, New York, New York 10003 (address) — Registrant's principal executive offices
- Churchill Capital Corp III (company) — Former company name
- Butler Acquisition Corp (company) — Former company name
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of these matters are not provided in the excerpt.
What are the 'Other Events' reported in this 8-K?
The filing lists 'Other Events' as a category, but the specific nature of these events is not detailed in the provided text.
When was MultiPlan Corporation incorporated?
MultiPlan Corporation was incorporated in Delaware.
What is the principal executive office address for MultiPlan Corporation?
The principal executive office is located at 115 Fifth Avenue, New York, New York 10003.
What were MultiPlan Corporation's former company names?
MultiPlan Corporation was formerly known as Churchill Capital Corp III and Butler Acquisition Corp.
Filing Stats: 757 words · 3 min read · ~3 pages · Grade level 11.6 · Accepted 2024-09-10 18:34:31
Key Financial Figures
- $0.0001 — tered Shares of Class A Common Stock, $0.0001 par value per share MPLN New York Stoc
Filing Documents
- mpln-20240909.htm (8-K) — 29KB
- a991multiplanpressrelease-.htm (EX-99.1) — 12KB
- image_0.jpg (GRAPHIC) — 29KB
- 0001628280-24-040056.txt ( ) — 206KB
- mpln-20240909.xsd (EX-101.SCH) — 2KB
- mpln-20240909_lab.xml (EX-101.LAB) — 21KB
- mpln-20240909_pre.xml (EX-101.PRE) — 12KB
- mpln-20240909_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 September 9, 2024, MultiPlan Corporation (the "Company") held a special meeting of stockholders (the "Special Meeting"). At the meeting, the Company's stockholders voted on the following proposals: 1. Approve an amendment to the Company's Certificate of Incorporation to provide the Company's board of directors (the "Board") with the right to decide at its discretion to effect a reverse stock split; and 2. Approve an adjournment of the Special Meeting to solicit additional proxies in favor of the reverse stock split proposal if there are not sufficient votes to approve such proposal. The number of shares voted for, against and withheld, as well as the number of broker non-votes and abstentions, as the case may be, as to each proposal were as follows: Proposal 1 - Approval of an amendment to the Company's Certificate of Incorporation to provide the Board with the right to decide at its discretion to effect a reverse stock split. FOR AGAINST ABSTAIN BROKER NON-VOTE 494,468,432 5,160,539 129,193 — Proposal 2 - Approval of an adjournment of the Special Meeting to solicit additional proxies in favor of the reverse stock split proposal if there are not sufficient votes to approve such proposal. In connection with the Special Meeting, the Company also solicited proxies with respect to a proposal to permit the Board's proxyholders to adjourn the Special Meeting to solicit additional proxies in favor of Proposal 1 if there were not sufficient votes to approve such proposal. Because Proposal 1 was approved, a vote was not called on this second proposal.
01 Other Events
Item 8.01 Other Events On September 10, 2024, the Company issued a press release announcing that it expects a 1-for-40 reverse stock split of MultiPlan's outstanding shares of Class A common stock (the "common stock") will be effective as of September 20, 2024 at 5:00 p.m. Eastern Time. MultiPlan's common stock will continue trading on the New York Stock Exchange under the existing symbol (MPLN) and will begin trading on a split-adjusted basis when the market opens on September 23, 2024, with the new CUSIP number 62548M209. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 99.1 Press release dated September 10, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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. Dated: September 10, 2024 MultiPlan Corporation By: /s/ Travis S. Dalton Name: Travis S. Dalton Title: President and Chief Executive Officer