Masimo Corp Files Definitive Additional Materials
Ticker: MASI · Form: DEFA14A · Filed: Jul 23, 2024 · CIK: 937556
| Field | Detail |
|---|---|
| Company | Masimo CORP (MASI) |
| Form Type | DEFA14A |
| Filed Date | Jul 23, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $330 million, $500 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, sec-filing, shareholder-materials
Related Tickers: MASI
TL;DR
Masimo Corp dropped more proxy docs, shareholders vote soon.
AI Summary
Masimo Corporation filed definitive additional materials on July 23, 2024, related to its proxy statement. The filing concerns matters to be voted on by shareholders, though specific proposals or voting outcomes are not detailed in this document.
Why It Matters
This filing indicates that Masimo Corporation is providing further information to shareholders in advance of a shareholder meeting, which could influence voting decisions on corporate matters.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of additional proxy materials and does not inherently present new risks.
Key Players & Entities
- MASIMO CORP (company) — Registrant
- 0001213900-24-063494.txt (document) — Filing identifier
- 20240723 (date) — Filing date
FAQ
What type of SEC filing is this?
This is a DEFA14A filing, which signifies Definitive Additional Materials for a proxy statement.
Who is the filing company?
The filing company is MASIMO CORP.
When was this filing made?
The filing was made on July 23, 2024.
What is the purpose of a DEFA14A filing?
A DEFA14A filing is used to provide definitive additional materials that are required to be filed with the SEC in connection with a proxy solicitation.
Does this filing require a fee?
According to the filing, no fee was required for this filing.
Filing Stats: 2,226 words · 9 min read · ~7 pages · Grade level 12.5 · Accepted 2024-07-23 14:08:35
Key Financial Figures
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- $500 million — urged that doing so would be worth over $500 million to me. I refused, because I didn’
Filing Documents
- ea0209828-defa14a_masimo.htm (DEFA14A) — 26KB
- image_001.jpg (GRAPHIC) — 3KB
- 0001213900-24-063494.txt ( ) — 31KB
Forward-Looking Statements
Forward-Looking Statements This communication includes forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, in connection with the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among others, statements regarding the 2024 Annual Meeting of Stockholders (the “Annual Meeting”) of Masimo Corporation (“Masimo” or the “Company”), the potential stockholder approval of the Board’s nominees and Masimo’s litigation against Politan Capital Management LP (“Politan”) and its affiliates (the “Litigation”). These forward-looking statements are based on current expectations about future events affecting Masimo and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond Masimo’s control and could cause its actual results to differ materially and adversely from those expressed in its forward-looking statements as a result of various risk factors, including, but not limited to (i) uncertainties regarding the Litigation, (ii) uncertainties regarding future actions that may be taken by Politan in furtherance of its nomination of director candidates for election at the Annual Meeting, (iii) the potential cost and management distraction attendant to Politan’s nomination of director nominees at the Annual Meeting or to the Litigation and (iv) factors discussed in the “Risk Factors” section of Masimo’s most recent periodic reports filed with the Securities and Exchange Commission (“SEC”), which may be obtained for free at the SEC’s website at www.sec.gov . Although Masimo believes that the expectations reflected in its forward-looking statements are reasonable, the Company does not know whether its expectations will prove correct. All forward-looking