MultiPlan Corp Files 8-K on Director/Officer Changes
Ticker: CTEV · Form: 8-K · Filed: Dec 31, 2024 · CIK: 1793229
| Field | Detail |
|---|---|
| Company | Multiplan CORP (CTEV) |
| Form Type | 8-K |
| Filed Date | Dec 31, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $150,000, $50,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-appointments, filing-update
TL;DR
MultiPlan's 8-K shows leadership changes and new comp plans. Keep an eye on exec moves.
AI Summary
MultiPlan Corporation filed an 8-K on December 31, 2024, reporting changes related to its directors and officers, including elections and appointments. The filing also covers compensatory arrangements for certain officers. The company, formerly known as Churchill Capital Corp III, is incorporated in Delaware and headquartered at 115 Fifth Avenue, New York, NY.
Why It Matters
This filing indicates potential shifts in the company's leadership and executive compensation structure, which could impact strategic direction and investor confidence.
Risk Assessment
Risk Level: low — The filing is routine and pertains to corporate governance and executive appointments, not immediate financial distress or significant operational changes.
Key Numbers
- 20241231 — Report Date (Date of the earliest event reported in the 8-K filing.)
Key Players & Entities
- MultiPlan Corporation (company) — Registrant
- Churchill Capital Corp III (company) — Former company name
- 115 Fifth Avenue, New York, NY 10003 (location) — Principal executive offices
FAQ
What specific changes were made regarding directors or officers?
The filing indicates the departure of directors or certain officers, the election of new directors, and the appointment of certain officers, as well as details on compensatory arrangements for these officers.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 31, 2024.
What is MultiPlan Corporation's state of incorporation?
MultiPlan Corporation is incorporated in Delaware.
What is the principal executive office address for MultiPlan Corporation?
The principal executive office address is 115 Fifth Avenue, New York, New York 10003.
Has MultiPlan Corporation undergone any previous name changes?
Yes, MultiPlan Corporation was formerly known as Churchill Capital Corp III (name change effective January 27, 2020) and Butler Acquisition Corp (name change effective November 5, 2019).
Filing Stats: 1,220 words · 5 min read · ~4 pages · Grade level 13.1 · Accepted 2024-12-31 16:55:35
Key Financial Figures
- $0.0001 — tered Shares of Class A Common Stock, $0.0001 par value per share MPLN New York Stoc
- $150,000 — r. White shall be entitled to receive a $150,000 cash annual retainer, payable quarterly
- $50,000 — on for the Consulting Services shall be $50,000 annually, payable monthly in arrears, a
Filing Documents
- mpln-20241231.htm (8-K) — 36KB
- exhibit101retirementtransi.htm (EX-10.1) — 19KB
- 0001793229-24-000156.txt ( ) — 182KB
- mpln-20241231.xsd (EX-101.SCH) — 2KB
- mpln-20241231_lab.xml (EX-101.LAB) — 21KB
- mpln-20241231_pre.xml (EX-101.PRE) — 12KB
- mpln-20241231_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibits are included in this Form 8-K: 10.1 Retirement Transition Letter, dated December 31, 2024, between Multiplan Corporation and Dale White. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).
Forward-Looking Statements
Forward-Looking Statements This Report includes statements that express management's opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events and therefore are, or may be deemed to be, "forward-looking statements". These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms "believes," "estimates," "anticipates," "expects," "seeks," "projects," "forecasts," "intends," "plans," "may," "will" or "should" or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts, including the discussion of the Company's succession plans. The forward-looking statements contained in this Report are based on current expectations and beliefs concerning future developments and there can be no assurance that future developments will occur as anticipated by the Company. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the Company's control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, changes in management's and the Board's intentions and those factors described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and our Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024, including those under "Risk Factors" therein, and other documents filed or to be filed with the SEC by the Company. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Forward-looking statements speak only as of the date made. The Company does not undertake any obligation
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: December 31, 2024 MultiPlan Corporation By: /s/ Douglas Garis Name: Douglas Garis Title: Executive Vice President and Chief Financial Officer