SoFi Technologies Reports on Shareholder Votes

TL;DR

SoFi filed an 8-K on shareholder votes from May 21st.

AI Summary

SoFi Technologies, Inc. filed an 8-K on May 23, 2024, reporting on matters submitted to a vote of security holders on May 21, 2024. The filing details the company's corporate actions and governance, as is standard for this type of report.

Why It Matters

This filing provides transparency into key decisions made by SoFi's shareholders, which can impact the company's strategic direction and governance.

Risk Assessment

Risk Level: low — This is a routine filing reporting on shareholder votes, not indicating new financial distress or significant operational changes.

Key Players & Entities

• SoFi Technologies, Inc. (company) — Registrant
• May 21, 2024 (date) — Date of earliest event reported
• May 23, 2024 (date) — Date of report
• Delaware (jurisdiction) — State of incorporation
• 234 1st Street San Francisco , California 94105 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.0001 — ange on which registered Common stock, $0.0001 par value per share SOFI The Nasdaq Glo
• $0.0000025 — d redeemable preferred stock, par value $0.0000025 per share, as of the close of business

Filing Documents

• sofi-20240521.htm (8-K) — 47KB
• 0001818874-24-000127.txt ( ) — 168KB
• sofi-20240521.xsd (EX-101.SCH) — 2KB
• sofi-20240521_lab.xml (EX-101.LAB) — 21KB
• sofi-20240521_pre.xml (EX-101.PRE) — 12KB
• sofi-20240521_htm.xml (XML) — 3KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders On May 21, 2024, SoFi Technologies, Inc. (the "Company") held its 2024 annual meeting of stockholders (the "Annual Meeting"). At the Annual Meeting, the stockholders voted on the following proposals, each of which is described in more detail in the Company's definitive proxy statement filed with the U.S. Securities and Exchange Commission on April 8, 2024. 1. To elect eleven nominees currently serving as members of the Company's Board of Directors ("Board") to serve on the Board for a one-year term expiring at the 2025 annual meeting of stockholders. 2. To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers. 3. To ratify the selection of Deloitte & Touche LLP by the Audit Committee of the Board as the independent registered public accounting firm of the Company for its fiscal year ending December 31, 2024. 4. To approve the adoption of an employee stock purchase plan ("ESPP"), which will provide eligible employees with opportunities to purchase shares of the Company's common stock. Holders of shares of common stock, par value $0.0001 per share, and redeemable preferred stock, par value $0.0000025 per share, as of the close of business on March 28, 2024 were each entitled to one vote per share and voted together as a single class on each of the proposals. The number of votes cast with respect to each matter voted upon are set forth below. 1. Election of Directors Nominee For Withheld Broker Non-Votes Anthony Noto 316,039,086 8,494,793 341,201,754 Tom Hutton 274,318,020 50,215,859 341,201,754 Steven Freiberg 312,505,448 12,028,431 341,201,754 Ahmed Al-Hammadi 311,285,276 13,248,603 341,201,754 Ruzwana Bashir 310,298,029 14,235,850 341,201,754 Michael Bingle 314,935,434 9,598,445 341,201,754 Dana Green 315,482,274 9,051,605 341,201,754 John Hele 314,266,061 10,267,818 341,201,754 Clara Liang 312,645,551 11,888,328 341,201,754 Harvey Schwartz

View Full Filing

View this 8-K filing on SEC EDGAR