SES AI Corp. Files 8-K for Shareholder Vote Matters
Ticker: SES-WT · Form: 8-K · Filed: Jun 10, 2024 · CIK: 1819142
| Field | Detail |
|---|---|
| Company | Ses Ai Corp (SES-WT) |
| Form Type | 8-K |
| Filed Date | Jun 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-vote, corporate-action
TL;DR
SES AI Corp. is holding a shareholder vote soon, get ready for potential changes.
AI Summary
On June 7, 2024, SES AI Corp. filed an 8-K report detailing the submission of matters to a vote of security holders. The company, formerly known as Ivanhoe Capital Acquisition Corp. until July 23, 2020, is headquartered at 35 Cabot Road, Woburn, MA 01801. This filing indicates upcoming shareholder decisions regarding company matters.
Why It Matters
This filing signals that SES AI Corp. is preparing for important decisions that require shareholder approval, which could impact the company's future direction and operations.
Risk Assessment
Risk Level: low — The filing is a routine procedural document related to shareholder voting and does not disclose any immediate financial or operational risks.
Key Players & Entities
- SES AI Corp. (company) — Registrant
- Ivanhoe Capital Acquisition Corp. (company) — Former name
- June 7, 2024 (date) — Date of earliest event reported
- 35 Cabot Road, Woburn, MA 01801 (address) — Principal executive offices
- July 23, 2020 (date) — Date of name change
FAQ
What specific matters will be submitted for a vote of SES AI Corp. security holders?
The provided excerpt of the 8-K filing does not specify the exact matters to be submitted for a vote; it only states that such matters will be presented.
When was SES AI Corp. formerly known as Ivanhoe Capital Acquisition Corp.?
SES AI Corp. was formerly known as Ivanhoe Capital Acquisition Corp. until July 23, 2020.
What is the principal executive office address for SES AI Corp.?
The principal executive offices of SES AI Corp. are located at 35 Cabot Road, Woburn, MA 01801.
What is the SEC Act under which this 8-K filing is made?
This 8-K filing is made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the filing date for this 8-K report?
The date of the report, and the date of the earliest event reported, is June 7, 2024.
Filing Stats: 651 words · 3 min read · ~2 pages · Grade level 13.6 · Accepted 2024-06-10 16:18:04
Key Financial Figures
- $0.0001 — hich registered Class A common stock, $0.0001 par value per share SES The New Yor
- $11.50 — A common stock at an exercise price of $11.50 per share SES WS The New York Stock
Filing Documents
- ses-20240607x8k.htm (8-K) — 51KB
- 0001819142-24-000027.txt ( ) — 210KB
- ses-20240607.xsd (EX-101.SCH) — 4KB
- ses-20240607_def.xml (EX-101.DEF) — 13KB
- ses-20240607_lab.xml (EX-101.LAB) — 24KB
- ses-20240607_pre.xml (EX-101.PRE) — 15KB
- ses-20240607x8k_htm.xml (XML) — 7KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. SES AI Corporation (the "Company") held the 2024 Annual Meeting of Stockholders on June 7, 2024 (the "Annual Meeting"), at which stockholders voted on the following three proposals. For more information on the three proposals submitted to stockholders, see the definitive proxy statement for the Annual Meeting (the "Proxy Statement"). Each holder of the Company's Class A Common Stock was entitled to one vote per share, and each holder of the Company's Class B Common Stock was entitled to ten (10) votes per share. The matters voted upon and the results of the combined votes of Class A Common Stock and Class B Common Stock are set forth below. Proposal 1 - Election of directors The stockholders elected the following two individuals to the Company's board of directors (the "Board") to serve as Class II directors until the 2027 Annual Meeting of Stockholders: Votes For Votes Withheld Broker Non-Votes Dr. Jang Wook Choi 523,133,957 5,325,118 12,986,295 Anirvan Coomer 526,853,069 1,606,006 12,986,295 Proposal 2 - Ratification of appointment of Grant Thornton LLP for 2024 The stockholders ratified the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 . Votes For Votes Against Votes Abstained 541,058,187 268,727 118,456 Proposal 3 - Approval of the compensation of the Company ' s named executive officers in a non-binding, advisory vote The stockholders approved, in a non-binding, advisory vote, the compensation paid to the Company's named executive officers. Votes For Votes Against Votes Abstained Broker Non-Votes 492,391,872 35,938,563 128,640 12,986,295 SIGNATURE 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 thereunto duly authorized. SES AI Corporation Date: