Glatfelter Corp Files 8-K on Shareholder Votes and Financials
Ticker: MAGN · Form: 8-K · Filed: Oct 23, 2024 · CIK: 41719
| Field | Detail |
|---|---|
| Company | Glatfelter CORP (MAGN) |
| Form Type | 8-K |
| Filed Date | Oct 23, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, corporate-governance, financial-reporting
Related Tickers: GLT
TL;DR
Glatfelter (GLT) filed an 8-K today covering shareholder votes and financials. Keep an eye on updates.
AI Summary
Glatfelter Corporation filed an 8-K on October 23, 2024, reporting on the submission of matters to a vote of security holders, other events, and financial statements. The filing includes information about the company's incorporation in Pennsylvania and its principal executive offices in Charlotte, North Carolina.
Why It Matters
This filing provides important updates for Glatfelter Corporation's shareholders regarding voting matters and financial reporting, which can influence investment decisions.
Risk Assessment
Risk Level: low — This is a routine SEC filing reporting on corporate events and financial statements, not indicating any immediate operational or financial distress.
Key Players & Entities
- Glatfelter Corporation (company) — Registrant
- Pennsylvania (jurisdiction) — State of incorporation
- Charlotte, North Carolina (location) — Principal executive offices
FAQ
What specific matters were submitted to a vote of Glatfelter Corporation's security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in the excerpt.
What are the key dates associated with this 8-K filing?
The date of the report and the date of the earliest event reported is October 23, 2024.
Where are Glatfelter Corporation's principal executive offices located?
Glatfelter Corporation's principal executive offices are located at 4350 Congress Street, Suite 600, Charlotte, North Carolina 28209.
What is Glatfelter Corporation's Standard Industrial Classification (SIC) code?
Glatfelter Corporation's SIC code is 2621, which corresponds to PAPER MILLS.
What is the company's fiscal year end?
Glatfelter Corporation's fiscal year ends on December 31.
Filing Stats: 2,148 words · 9 min read · ~7 pages · Grade level 14.9 · Accepted 2024-10-23 17:14:35
Key Financial Figures
- $0.01 — e on which registered Common Stock, $0.01 par value per share GLT New York St
Filing Documents
- tm2426716d1_8k.htm (8-K) — 51KB
- tm2426716d1_ex99-1.htm (EX-99.1) — 22KB
- tm2426716d1_ex99-1img001.jpg (GRAPHIC) — 49KB
- 0001104659-24-110888.txt ( ) — 323KB
- glt-20241023.xsd (EX-101.SCH) — 3KB
- glt-20241023_lab.xml (EX-101.LAB) — 33KB
- glt-20241023_pre.xml (EX-101.PRE) — 22KB
- tm2426716d1_8k_htm.xml (XML) — 4KB
07
Item 5.07 Submission of Matters to a Vote of Security Holders. On October 23, 2024, the Company held a special meeting of the Company's shareholders to consider and vote on certain proposals in connection with the Transactions (the " Special Meeting "), each of which is set forth below and described in more detail in the Proxy Statement/Prospectus. Holders of 30,345,705 shares of common stock of Glatfelter, par value $0.01 per share (" Glatfelter common stock "), entitled to vote at the Special Meeting were present in person or by proxy, representing approximately 66.69% of the total number of shares of Glatfelter common stock outstanding as of September 3, 2024, the record date for the Special Meeting. The final voting results of the proposals (each of which is described in more detail in the Proxy Statement/Prospectus) presented and voted on at the Special Meeting by Glatfelter's shareholders are as follows below. Each of the proposals was approved, each having received the affirmative vote of holders of at least a majority of the votes cast in person or by proxy at the Special Meeting by holders of shares entitled to vote at the Special Meeting. 1. Proposal No. 1 – Share Issuance Proposal . To consider and vote on a proposal to approve the issuance of shares of Glatfelter common stock to stockholders of Treasure Holdco, Inc., a Delaware corporation and a wholly owned subsidiary of Berry (" Spinco "), in the Merger as contemplated by the RMT Transaction Agreement: Votes For Votes Against Abstentions Broker Non-Votes 30,062,308 227,971 55,426 0 2. Proposal No. 2 – Charter Amendment Proposals . To consider and vote on the following separate proposals to approve the amendment of Glatfelter's Amended and Restated Articles of Incorporation: 2A. Common Stock Authorization Proposal – a proposal to increase the authorized shares of Glatfelter common stock from 120,000,000 shares to 240,000,000 shares; and Votes For Votes Against Abstentions B
01
Item 8.01 Other Events. On October 23 , 2024, Glatfelter issued a press release announcing the results of the shareholder vote at the Special Meeting, a copy of which is attached to this Report as Exhibit 99.1 and is incorporated by reference into this Item 8.01.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Number Description 99.1 Press Release of Glatfelter Corporation, dated October 23, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Cautionary Statement Concerning Forward-Looking Statements including statements relating to the expected timing, completion and effects of the proposed transaction between Berry and Glatfelter, are considered "forward-looking" within the meaning of the federal securities laws and are presented pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "should," "would," "could," "seeks," "approximately," "intends," "plans," "estimates," "projects," "outlook," "anticipates" or "looking forward," or similar expressions that relate to strategy, plans, intentions, or expectations. All statements relating to estimates and statements about the expected timing and structure of the proposed transaction, the ability of the parties to complete the proposed transaction, benefits of the transaction, including future financial and operating results, executive and Board transition considerations, the combined company's plans, objectives, expectations and intentions, and other statements that are not historical facts are forward-looking statements. In addition, senior management of Berry and Glatfelter, from time to time may make forward-looking public statements concerning expected future operations and performance and other developments. Actual results may differ materially from those that are expected due to a variety of factors, including without limitation: the occurrence of any event, change or other circumstances that could give rise to the termination of the proposed transaction; the risk that the necessary regulatory approvals may not be obtain
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. Glatfelter Corporation October 23, 2024 By: /s/ Jill L. Urey Name: Jill L. Urey Title: Vice President, General Counsel & Compliance