MultiPlan Corp. Files Definitive Proxy Statement

TL;DR

MPLN proxy statement filed for 9/9/24 meeting. Shareholders vote soon.

AI Summary

MultiPlan Corp. is filing a definitive proxy statement (DEF 14A) for its special meeting on September 9, 2024. The filing concerns matters related to the company's business, and it was previously known as Churchill Capital Corp III and Butler Acquisition Corp.

Why It Matters

This filing provides shareholders with crucial information and voting rights regarding upcoming company decisions, impacting their investment in MultiPlan Corp.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing, which is standard for public companies and does not inherently indicate new risks.

Key Players & Entities

• MultiPlan Corp. (company) — Registrant
• Churchill Capital Corp III (company) — Former company name
• Butler Acquisition Corp (company) — Former company name
• 20240909 (date) — Conformed period of report

FAQ

Key Financial Figures

• $0.0001 — lass A common stock will continue to be $0.0001 per share (see "-Effects of the Reverse
• $1.00 — ive 30-trading-day period was less than $1.00. In the letter, the NYSE stated that we
• $1 — of our Class A common stock back above $1.00, we also believe that the Reverse St

Filing Documents

• a2024specialmeeting-defini.htm (DEF 14A) — 231KB
• cover_back.jpg (GRAPHIC) — 172KB
• icon_checkmark.jpg (GRAPHIC) — 17KB
• icon_checkmarkproposal.jpg (GRAPHIC) — 19KB
• multiplan_logoxrgbxhighres.jpg (GRAPHIC) — 75KB
• pg254_iconxinternet.jpg (GRAPHIC) — 21KB
• pg254_iconxml.jpg (GRAPHIC) — 22KB
• pg254_iconxtelephone.jpg (GRAPHIC) — 25KB
• pg2_54iconxlocation.jpg (GRAPHIC) — 26KB
• pg2_iconxdateandtime.jpg (GRAPHIC) — 27KB
• pg2_iconxwhocanvote.jpg (GRAPHIC) — 25KB
• proxycard.jpg (GRAPHIC) — 406KB
• proxycard2.jpg (GRAPHIC) — 403KB
• 0001793229-24-000093.txt ( ) — 1820KB

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 12 Voting and Other Information 15 Miscellaneous Matters 19 Submitting Proposals for 2025 Annual Meeting 19 Other Matters 19 Annex A - Proposed Certificate of Amendment A- 1 3 PROPOSAL 1 APPROVAL OF THE AMENDMENT TO THE SECOND AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO EFFECT A REVERSE STOCK SPLIT THE BOARD RECOMMENDS A VOTE FOR Our Board has approved, subject to stockholder approval, and is recommending to our stockholders for approval, an amendment to our Second Amended and Restated Certificate of Incorporation (the "Amendment") to effect a reverse stock split pursuant to which each outstanding share of our Class A common stock will be combined into not less than 140th and not more than 115th of a share of our Class A common stock (the "Reverse Stock Split"). If approved by our stockholders, the exact ratio within that range and the Effective Time (as defined below) of the Reverse Stock Split would be determined by our Board at any time within one year of the date of this Special Meeting (the "Reverse Stock Split Proposal"). Prior to filing the Amendment, the Board would publicly disclose the Reverse Stock Split ratio being implemented by the Amendment. The full text of the proposed Amendment is set forth in Annex A to this proxy statement. If stockholders approve the Reverse Stock Split Proposal, our Board will cause the Amendment to be filed with the Delaware Secretary of State and effect the Reverse Stock Split only if the Board determines that the Reverse Stock Split would be in the best interests of MultiPlan and its stockholders. The Reverse Stock Split could become effective as soon as the business day immediately following this Special Meeting. Our Board also may determine in its discretion not to effect the Reverse Stock Split and not to file the Amendment. No further action on the part of stockholders will be required to either implement or abandon the Reve

View Full Filing

View this DEF 14A filing on SEC EDGAR