Inseego Corp. Files 8-K on Shareholder Vote Matters

TL;DR

Inseego Corp. is holding a shareholder vote, details to follow.

AI Summary

On September 23, 2024, Inseego Corp. filed an 8-K report detailing a submission of matters to a vote of its security holders. The filing does not specify the nature of the vote or any associated resolutions, but it indicates a formal process involving shareholder decisions is underway.

Why It Matters

This filing signals that Inseego Corp. is engaging in a formal process requiring shareholder approval, which could impact corporate governance or strategic decisions.

Risk Assessment

Risk Level: medium — Shareholder votes can indicate significant corporate events or potential changes that may affect the company's future direction and stock performance.

Key Players & Entities

• INSEEGO CORP. (company) — Registrant
• September 23, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• 001-38358 (identifier) — SEC File Number
• 81-3377646 (identifier) — IRS Employer Identification No.
• 9710 Scranton Road, Suite 200 San Diego, California 92121 (address) — Principal executive offices
• 858-812-3400 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share INSG Nasdaq Global Select

Filing Documents

• inseego_8k.htm (8-K) — 35KB
• 0001683168-24-006622.txt ( ) — 204KB
• insg-20240923.xsd (EX-101.SCH) — 3KB
• insg-20240923_lab.xml (EX-101.LAB) — 33KB
• insg-20240923_pre.xml (EX-101.PRE) — 22KB
• inseego_8k_htm.xml (XML) — 4KB

07

Item 5.07 Submission of Matters to a Vote of Security Holders. On September 23, 2024, Inseego Corp. (the "Company") held an annual meeting of its stockholders (the "Annual Meeting"). Of the 12,282,559 shares of the Company's common stock entitled to vote at the Annual Meeting, a total of 8,078,334 shares were represented at the Annual Meeting in person or by proxy. The voting results for each item of business properly presented at the Annual Meeting are set forth below. Proposal 1: Election of Directors The person nominated by the Company to serve as director for a three-year term until the 2027 annual meeting of stockholders was elected with the following votes: Name of Nominee Votes For Votes Withheld Broker Non-Votes Christopher Harland 3,434,534 411,231 4,232,569 Proposal 2: Ratification of Appointment of Independent Registered Public Accountants The proposal to ratify the appointment of Marcum LLP as the Company's independent registered public accountants for the fiscal year ending December 31, 2024 was approved with the following vote: Votes For Votes Against Abstentions Broker Non-Votes 7,940,838 116,328 21,168 0 Proposal 3: Advisory Vote on Executive Compensation The proposal to approve, on a non-binding advisory basis, the compensation paid to the Company's named executive officers was approved with the following vote: Votes For Votes Against Abstentions Broker Non-Votes 3,682,976 138,362 24,427 4,232,569 Proposal 4: Approval of Amendment to the Company's 2018 Omnibus Incentive Compensation Plan The proposal to authorize an amendment to the Company's 2018 Omnibus Incentive Compensation Plan to increase the number of shares issuable under the plan by 2,500,000 shares was approved with the following vote: Votes For Votes Against Abstentions Broker Non-Votes 3,103,925 720,471 21,369 4,232,569 Proposal 5: Approval of Amendment to the Company's Amended and Restated 2000 Employee Stock Purchase Plan The pr

View Full Filing

View this 8-K filing on SEC EDGAR