Domo, Inc. Stockholders Elect Directors, Ratify Auditors
Ticker: DOMO · Form: 8-K · Filed: Jun 13, 2024 · CIK: 1505952
| Field | Detail |
|---|---|
| Company | Domo, Inc. (DOMO) |
| Form Type | 8-K |
| Filed Date | Jun 13, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-meeting, governance, stockholder-vote
Related Tickers: DOMO
TL;DR
Domo shareholders voted YES on directors and auditors. All clear for now.
AI Summary
On June 11, 2024, Domo, Inc. filed an 8-K report to announce the results of its annual meeting of stockholders. The company reported that all director nominees were elected, and the proposal to ratify the appointment of its independent registered public accounting firm for the fiscal year ending January 31, 2025, was also approved.
Why It Matters
This filing confirms shareholder confidence in the current board and the company's financial oversight, which is crucial for investor relations and future strategic decisions.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance matters like director elections and auditor ratification, which typically carry low risk.
Key Players & Entities
- Domo, Inc. (company) — Registrant
- June 11, 2024 (date) — Date of earliest event reported
- January 31, 2025 (date) — Fiscal year end for auditor appointment
FAQ
What was the primary purpose of this 8-K filing?
The primary purpose was to report the results of Domo, Inc.'s annual meeting of stockholders held on June 11, 2024.
Were all director nominees elected by the stockholders?
Yes, the filing indicates that all director nominees presented at the annual meeting were elected by the stockholders.
What was the outcome of the proposal to ratify the independent registered public accounting firm?
The proposal to ratify the appointment of the independent registered public accounting firm for the fiscal year ending January 31, 2025, was approved by the stockholders.
What is the exact name of the registrant?
The exact name of the registrant is DOMO, INC.
In which state was Domo, Inc. incorporated?
Domo, Inc. was incorporated in Delaware.
Filing Stats: 826 words · 3 min read · ~3 pages · Grade level 11 · Accepted 2024-06-13 16:06:43
Key Financial Figures
- $0.001 — stered Class B Common Stock, par value $0.001 per share DOMO The Nasdaq Global Market
Filing Documents
- domo8k-20240611.htm (8-K) — 39KB
- 0001505952-24-000040.txt ( ) — 160KB
- domo8k-20240611.xsd (EX-101.SCH) — 2KB
- domo8k-20240611_lab.xml (EX-101.LAB) — 21KB
- domo8k-20240611_pre.xml (EX-101.PRE) — 12KB
- domo8k-20240611_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 Tuesday, June 11, 2024, the Company held the Annual Meeting at 9:00 a.m., Mountain Time. Holders of the Company's Class A common stock were entitled to forty votes for each share held as of the close of business on April 17, 2024 (the "Record Date"), and holders of the Company's Class B common stock were entitled to one vote for each share held as of the Record Date. The Class A common stock and Class B common stock outstanding as of the Record Date voted as a single class on all matters. Present at the 2024 Annual Meeting in person or by proxy were holders of shares of Class A common stock and Class B common stock representing an aggregate of 158,684,653 votes, or approximately 95.9% of the voting power of all issued and outstanding shares as of the Record Date, entitled to vote at the 2024 Annual Meeting, constituting a quorum. The following is a brief description of each matter voted upon at the 2024 Annual Meeting and the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes, as applicable to each such matter. The matters voted upon were as follows: Proposal 1. Election of Directors The stockholders voted on a proposal to elect seven directors to the Company's board of directors (the "Board of Directors"), each to serve one-year terms. The results of the voting were as follows: Nominee Votes For Votes Withheld Broker Non-Votes Joshua G. James 143,692,999 6,180,850 8,810,804 Carine S. Clark 143,575,865 6,297,984 8,810,804 Daniel Daniel 140,439,765 9,434,084 8,810,804 Jeff Kearl 144,393,857 5,479,992 8,810,804 John Pestana 146,050,764 3,823,085 8,810,804 Dan Strong 143,641,441 6,232,408 8,810,804 Rene Soto 146,037,932 3,835,917 8,810,804 Pursuant to the foregoing votes, each of the director nominees was elected to serve on the Board of Directors. There were no additional director nominations brought to the 2024 Annual