Skillsoft Corp. Files Definitive Proxy Statement for July 18 Meeting
Ticker: SKILW · Form: DEF 14A · Filed: Jun 7, 2024 · CIK: 1774675
| Field | Detail |
|---|---|
| Company | Skillsoft Corp. (SKILW) |
| Form Type | DEF 14A |
| Filed Date | Jun 7, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $147 million, $9,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, annual-meeting, governance
Related Tickers: SKIL
TL;DR
Skillsoft (SKIL) proxy statement filed, annual meeting July 18. Vote your shares!
AI Summary
Skillsoft Corp. filed its definitive proxy statement (DEF 14A) on June 7, 2024, for its annual meeting of stockholders on July 18, 2024. The filing concerns the solicitation of proxies for the meeting, which will include the election of directors and other corporate matters. Skillsoft Corp. was formerly known as Churchill Capital Corp II and Hornblower Acquisition Corp.
Why It Matters
This filing provides shareholders with crucial information regarding the company's governance and upcoming voting matters, enabling them to make informed decisions.
Risk Assessment
Risk Level: low — This is a routine proxy filing for an annual meeting and does not contain new material financial or operational information that would inherently increase risk.
Key Numbers
- 20240718 — Annual Meeting Date (Shareholders will vote on company matters on this date.)
- 20240607 — Filing Date (The date Skillsoft Corp. submitted its definitive proxy statement to the SEC.)
Key Players & Entities
- Skillsoft Corp. (company) — Registrant
- Churchill Capital Corp II (company) — Former Company Name
- Hornblower Acquisition Corp (company) — Former Company Name
- 0001774675 (company) — Central Index Key
- 20240718 (date) — Annual Meeting Date
- 20240607 (date) — Filing Date
FAQ
What is the purpose of this DEF 14A filing?
The purpose of this DEF 14A filing is to provide Skillsoft Corp. shareholders with the definitive proxy statement for the company's annual meeting of stockholders scheduled for July 18, 2024, soliciting their votes on various corporate matters.
When is Skillsoft Corp.'s annual meeting of stockholders?
Skillsoft Corp.'s annual meeting of stockholders is scheduled for July 18, 2024.
What were Skillsoft Corp.'s former names?
Skillsoft Corp. was formerly known as Churchill Capital Corp II and Hornblower Acquisition Corp.
What is the filing date of this proxy statement?
This definitive proxy statement was filed with the SEC on June 7, 2024.
What is the Standard Industrial Classification (SIC) code for Skillsoft Corp.?
The Standard Industrial Classification (SIC) code for Skillsoft Corp. is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 4,709 words · 19 min read · ~16 pages · Grade level 12.9 · Accepted 2024-06-07 10:58:43
Key Financial Figures
- $147 million — and future growth objectives, including $147 million of cash, cash equivalents, and restrict
- $9,000 — roxy solicitation services for a fee of $9,000 plus reimbursement of out-of-pocket exp
Filing Documents
- skil20240523_def14a.htm (DEF 14A) — 722KB
- logolrg01.jpg (GRAPHIC) — 7KB
- logosml.jpg (GRAPHIC) — 3KB
- p01.jpg (GRAPHIC) — 271KB
- p02.jpg (GRAPHIC) — 198KB
- 0001437749-24-019556.txt ( ) — 1383KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 35 Summary Compensation Table 36 Compensation Philosophy 36 Independent Compensation Consultant 37 Elements of NEO Compensation 37 Other Aspects of the Company's Compensation Programs 40 Outstanding Equity Awards at Fiscal Year-End 44 Equity Compensation Plan Information 45 47 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 50 ADDITIONAL INFORMATION 52 Availability of Certain Information 52 Householding 52 Stockholder Proposals and Nominations to be Included in Next Year's Proxy Statement 52 Other Matters 53 Table of Contents PROXY STATEMENT SUMMARY This summary highlights information that is contained elsewhere in this Proxy Statement. It does not include all information necessary to make a voting decision and you should read this Proxy Statement in its entirety before casting your vote. Skillsoft at a Glance Skillsoft delivers transformative learning experiences that propel organizations and people to grow together. The Company partners with enterprise organizations and serves a global community of learners to prepare today's employees for tomorrow's economy. With Skillsoft, customers gain access to blended, multimodal learning experiences that do more than build skills, they grow a more capable, adaptive, and engaged workforce. Through a portfolio of best-in-class content, a platform that is personalized and connected to customer needs, world-class tech, and a broad ecosystem of partners, Skillsoft drives continuous growth and performance for employees and their organizations by overcoming critical skill gaps and unlocking human potential. FY2024 Business Highlights Positioned Skillsoft as the partner-of-choice to help customers thrive in the Generative AI ("GenAI") era, launching Skillsoft CAISY - our GenAI-powered virtual coaching solution - and releasing a comprehensive suite of GenAI-based Skill Benchmarks, Aspire Journeys, and inter