NextNav Inc. Files 8-K on Security Holder Vote Matters
Ticker: NXNVW · Form: 8-K · Filed: May 20, 2024 · CIK: 1865631
| Field | Detail |
|---|---|
| Company | Nextnav INC. (NXNVW) |
| Form Type | 8-K |
| Filed Date | May 20, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
TL;DR
NEXTNAV shareholders are voting on something important, details to follow.
AI Summary
On May 20, 2024, NextNav Inc. filed an 8-K report detailing a submission of matters to a vote of its security holders. The company, formerly known as Spartacus Acquisition Shelf Corp., is incorporated in Delaware and its fiscal year ends on December 31st. The filing does not disclose specific details of the matters to be voted upon.
Why It Matters
This filing indicates that NextNav Inc. is seeking shareholder approval for certain corporate actions, which could impact the company's governance or strategic direction.
Risk Assessment
Risk Level: low — The filing is procedural and does not contain information that immediately suggests significant financial or operational risk.
Key Players & Entities
- NEXTNAV INC. (company) — Registrant
- Spartacus Acquisition Shelf Corp. (company) — Former company name
- May 20, 2024 (date) — Date of report
FAQ
What specific matters are being submitted for a vote of security holders?
The filing does not specify the exact matters to be voted on, only that such a submission is occurring.
When was NextNav Inc. formerly known as Spartacus Acquisition Shelf Corp.?
The date of the name change from Spartacus Acquisition Shelf Corp. to NextNav Inc. was June 3, 2021.
What is NextNav Inc.'s state of incorporation and fiscal year end?
NextNav Inc. is incorporated in Delaware and its fiscal year ends on December 31st.
What is the SEC file number for NextNav Inc.?
The SEC file number for NextNav Inc. is 001-40985.
What is the primary business of NextNav Inc. according to its SIC code?
NextNav Inc.'s Standard Industrial Classification (SIC) code is 3812, which relates to Search, Detection, Navigation, Guidance, and Aeronautical Systems.
Filing Stats: 664 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-05-20 16:02:33
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share NN Nasdaq Capital Market
Filing Documents
- nn-20240520.htm (8-K) — 94KB
- 0001213900-24-045163.txt ( ) — 258KB
- nn-20240520_def.xml (EX-101.DEF) — 17KB
- nn-20240520_pre.xml (EX-101.PRE) — 16KB
- nn-20240520_cal.xml (EX-101.CAL) — 1KB
- nn-20240520_lab.xml (EX-101.LAB) — 22KB
- nn-20240520.xsd (EX-101.SCH) — 5KB
- nn-20240520_htm.xml (XML) — 5KB
07. Submission of Matters to a Vote of Security
Item 5.07. Submission of Matters to a Vote of Security Holders. On May 16, 2024, NextNav Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Meeting"). At the Meeting, the Company's stockholders voted and: (1) elected each of the Company's nominees for director to the Company's Board of Directors (the "Board"); (2) ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024; and (3) approved the issuance of shares of Company common stock in satisfaction of future payment obligations pursuant to the transaction with Telesaurus and Skybridge, in accordance with Nasdaq Listing Rule 5635(a) and (b). Set forth below are the final voting results for each of the proposals submitted to a vote of the Company's stockholders at the Meeting. Proposal 1. To elect the six director nominees to the Board, each to serve until the Company's 2025 Annual Meeting of Stockholders or until such person's successor is duly elected and qualified, subject to such person's prior death, resignation, retirement, disqualification or removal from office. Nominee Votes For Votes Withheld Broker Non-Votes Mariam Sorond 57,515,890 112,884 13,407,070 Alan B. Howe 57,303,584 325,190 13,407,070 Bandel L. Carano 54,578,456 3,050,318 13,407,070 Jonathan A. Marcus 57,532,550 96,224 13,407,070 John B. Muleta 57,556,376 72,398 13,407,070 Neil S. Subin 55,683,984 1,944,790 13,407,070 Proposal 2. To ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024: Votes For Votes Against Votes Abstained 71,007,556 20,905 7,383 Proposal 3. To approve the issuance of shares of Company common stock in satisfaction of future payment obligations pursuant to the transaction with Telesaurus and Skybridge, in accordance with Nas
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. Date: May 20, 2024 NEXTNAV INC. By: /s/ Christian D. Gates Name: Christian D. Gates Title: Chief Financial Officer