Palladyne AI Corp. Files 8-K on Security Holder Vote
Ticker: PDYNW · Form: 8-K · Filed: Jun 14, 2024 · CIK: 1826681
| Field | Detail |
|---|---|
| Company | Palladyne Ai Corp. (PDYNW) |
| Form Type | 8-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $69.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, filing-update
Related Tickers: PDYN
TL;DR
Palladyne AI Corp. (PDYN) had a shareholder vote on June 12th, details in new 8-K.
AI Summary
Palladyne AI Corp. filed an 8-K on June 14, 2024, reporting on a matter submitted to a vote of security holders on June 12, 2024. The company, formerly known as Sarcos Technology & Robotics Corp., is incorporated in Delaware and its principal business address is in Salt Lake City, UT.
Why It Matters
This filing indicates a significant corporate action or decision requiring shareholder approval, which could impact the company's future direction and investor interests.
Risk Assessment
Risk Level: medium — Filings related to shareholder votes can introduce uncertainty about corporate governance and strategic decisions.
Key Numbers
- 001-39897 — Commission File Number (Identifies the company's SEC filing history.)
Key Players & Entities
- Palladyne AI Corp. (company) — Registrant
- Sarcos Technology & Robotics Corp (company) — Former company name
- June 12, 2024 (date) — Date of earliest event reported
- June 14, 2024 (date) — Date of report
- 001-39897 (company) — Commission File Number
FAQ
What specific matter was submitted to a vote of Palladyne AI Corp. security holders on June 12, 2024?
The filing states that the report concerns 'Submission of Matters to a Vote of Security Holders' on June 12, 2024, but does not specify the exact nature of the vote within the provided text.
When was Palladyne AI Corp. formerly known as Sarcos Technology & Robotics Corp?
The filing indicates a name change from Sarcos Technology & Robotics Corp. to Palladyne AI Corp. on September 24, 2021.
What is the principal business address of Palladyne AI Corp.?
The principal business address is 650 South 500 West, Suite 1, Salt Lake City, UT 84101.
What is the IRS Employer Identification Number for Palladyne AI Corp.?
The IRS Employer Identification Number is 85-2838301.
Under which section of the Securities Exchange Act of 1934 is this 8-K filed?
This 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 571 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-06-14 16:12:01
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share PDYN The Nasdaq Stock Mar
- $69.00 — of Common Stock at an exercise price of $69.00 per share PDYNW The Nasdaq Stock Ma
Filing Documents
- pdyn-20240612.htm (8-K) — 49KB
- 0000950170-24-073654.txt ( ) — 191KB
- pdyn-20240612.xsd (EX-101.SCH) — 44KB
- pdyn-20240612_htm.xml (XML) — 6KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On June 12, 2024, Palladyne AI Corp. (the "Company") held its 2024 annual meeting of stockholders (the "Annual Meeting"). At the Annual Meeting, 15,532,376 shares of the Company's common stock, or approximately 58.50% of the total shares entitled to vote, were present in person or by proxy and voted on the following proposals, which are described in more detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission (the "SEC") on April 23, 2024: Proposal One - Election of Class III Directors . The following nominees were elected as Class III directors to hold office until our 2027 annual meeting of stockholders and until their respective successors are elected and qualified or until their earlier death, resignation or removal. Nominee For Withhold Broker Non-Votes Brian D. Finn 11,046,710 300,369 4,185,297 Laura J. Peterson 10,973,397 371,243 4,187,736 Proposal Two - Ratification of Appointment of Independent Registered Public Accounting Firm . The appointment of KPMG LLP as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2024 was ratified. For Against Withhold Broker Non-Votes 15,389,963 116,902 25,511 —
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. Palladyne AI Corp. Dated: June 14, 2024 By: /s/ Stephen Sonne Name: Title: Stephen Sonne Chief Legal Officer & Secretary