Shimmick Corp Files Definitive Proxy Statement
Ticker: SHIM · Form: DEF 14A · Filed: Jun 14, 2024 · CIK: 1887944
| Field | Detail |
|---|---|
| Company | Shimmick CORP (SHIM) |
| Form Type | DEF 14A |
| Filed Date | Jun 14, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.01, $8,000, $60 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, governance, annual-meeting
TL;DR
Shimmick Corp's proxy statement is out for the June 26th meeting. Get ready to vote.
AI Summary
Shimmick Corp filed its definitive proxy statement (DEF 14A) on June 14, 2024, for its annual meeting on June 26, 2024. The filing details the company's governance and executive compensation practices. Shimmick Corp, formerly SCCI National Holdings, Inc., is incorporated in Delaware and headquartered in Irvine, California.
Why It Matters
This filing provides shareholders with crucial information regarding company leadership, voting matters, and executive compensation, enabling informed decisions at the upcoming annual meeting.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing, which is standard for publicly traded companies and does not inherently indicate new risks.
Key Players & Entities
- Shimmick Corp (company) — Registrant
- SCCI National Holdings, Inc. (company) — Former Company Name
- June 14, 2024 (date) — Filing Date
- June 26, 2024 (date) — Meeting Date
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, or definitive proxy statement, is used by companies to solicit shareholder votes on important matters such as the election of directors, executive compensation, and other corporate actions.
When was Shimmick Corp's definitive proxy statement filed?
Shimmick Corp's definitive proxy statement was filed on June 14, 2024.
What is the date of Shimmick Corp's annual meeting?
Shimmick Corp's annual meeting is scheduled for June 26, 2024.
What was Shimmick Corp's former name?
Shimmick Corp was formerly known as SCCI National Holdings, Inc.
Where is Shimmick Corp headquartered?
Shimmick Corp is headquartered in Irvine, California, with a business address at 530 Technology Drive, Suite 300, Irvine, CA 92618.
Filing Stats: 4,586 words · 18 min read · ~15 pages · Grade level 12.4 · Accepted 2024-06-14 17:21:09
Key Financial Figures
- $0.01 — 01d; and “us”), par value $0.01 (the “Common Stock”) purs
- $8,000 — pecial Meeting for an estimated cost of $8,000, plus expenses. Our directors, officers
- $60 million — ement provides borrowing capacity up to $60 million. The obligations under the Credit Agree
Filing Documents
- shimmick_proxy_2024_-_sp.htm (DEF 14A) — 202KB
- img49599355_0.jpg (GRAPHIC) — 42KB
- img49599355_1.jpg (GRAPHIC) — 3KB
- img49599355_2.jpg (GRAPHIC) — 42KB
- img49599355_3.jpg (GRAPHIC) — 42KB
- img49599355_4.jpg (GRAPHIC) — 42KB
- img49599355_5.jpg (GRAPHIC) — 42KB
- img49599355_6.jpg (GRAPHIC) — 42KB
- img49599355_7.jpg (GRAPHIC) — 8KB
- 0000950170-24-073740.txt ( ) — 565KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL _________________________________________________________ Principal Holders of Stock The following table shows the number of shares of Common Stock held by all persons who are known by us to beneficially own or exercise voting or dispositive control over more than five percent of our outstanding Common Stock based on the latest reporting with the SEC: Shares Beneficially Owned Name and Address of Owner Number Percent (1) GOHO, LLC 530 Technology Drive, Suite 300 Irvine, CA 92618 21,908,800 (2) 70.9 % AECOM 13355 Noel Road Dallas, TX 75240 5,144,622, (3) 16.7 % (1) The percentages reported are based on 30,891,076 shares of Common Stock outstanding as of June 4, 2024. The percentages are also based on any securities of which each person has a right to acquire beneficial ownership within 60 days. Securities that can be so acquired are deemed to be outstanding for purposes of computing such person’s ownership percentage, but not for purposes of computing any other person’s percentage. (2) Based on a Schedule 13G filed by GOHO on February 9, 2024, GOHO has sole voting power with respect to 0 shares it beneficially owns and has sole dispositive power with respect to 0 shares it beneficially owns. GOHO has shared voting power with respect to 21,908,800 shares it beneficially owns and shared dispositive power with respect to 21,908,800 shares it beneficially owns. (3) Following the Closing (as described above), and assuming stockholders approve the issuance of the Additional Shares at the Special Meeting, AECOM will beneficially own approximately 23.1% of our Common Stock. If the issuance of Additional Shares is approved by our stockholders at the Special Meeting, a portion of the Additional Shares will be released to AECOM such that AECOM’s voting power shall not exceed 20% and the remainder of the Additional Shares will be plac