Sonos Inc. Schedules Shareholder Vote
Ticker: SONO · Form: 8-K · Filed: Mar 13, 2024 · CIK: 1314727
| Field | Detail |
|---|---|
| Company | Sonos Inc (SONO) |
| Form Type | 8-K |
| Filed Date | Mar 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-meeting
TL;DR
Sonos is calling a shareholder vote, get ready for some big decisions.
AI Summary
On March 11, 2024, Sonos Inc. filed an 8-K report indicating that it is submitting matters to a vote of its security holders. The filing does not disclose the specific proposals to be voted on but confirms that a vote will take place. The company, incorporated in Delaware, is headquartered at 614 Chapala Street, Santa Barbara, California.
Why It Matters
This filing signals that important corporate decisions requiring shareholder approval are on the horizon for Sonos Inc., potentially impacting the company's future direction.
Risk Assessment
Risk Level: low — The filing is procedural and does not contain information about financial performance or significant operational changes.
Key Players & Entities
- Sonos Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- 614 Chapala Street, Santa Barbara, California (address) — Principal executive offices
FAQ
What specific matters will be submitted to a vote of Sonos Inc. security holders?
The filing does not specify the exact proposals to be voted on by security holders.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on March 11, 2024.
What is the Standard Industrial Classification code for Sonos Inc.?
The SIC code for Sonos Inc. is 3651, for Household Audio & Video Equipment.
In which state was Sonos Inc. incorporated?
Sonos Inc. was incorporated in Delaware.
What is the telephone number for Sonos Inc.'s principal executive offices?
The telephone number is (805) 965-3001.
Filing Stats: 607 words · 2 min read · ~2 pages · Grade level 15.9 · Accepted 2024-03-13 17:20:55
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value SONO The Nasdaq Stock Market
Filing Documents
- sono-20240311.htm (8-K) — 34KB
- 0001314727-24-000002.txt ( ) — 154KB
- sono-20240311.xsd (EX-101.SCH) — 2KB
- sono-20240311_lab.xml (EX-101.LAB) — 21KB
- sono-20240311_pre.xml (EX-101.PRE) — 12KB
- sono-20240311_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. The Annual Meeting of Stockholders of Sonos, Inc. (the "Company") was held on March 11, 2024 (the "Annual Meeting"). At the Annual Meeting, there were present, in person or by proxy, holders of 107,574,439 shares of the Company's common stock, or approximately 86.65% of the total outstanding shares eligible to be voted. The holders present voted on the three proposals presented at the Annual Meeting as follows. Proposal One — Election of Directors The Company's stockholders approved the election of two Class III directors to the Company's Board of Directors for three year terms or until their respective successors are elected and qualified or until their earlier resignation or removal, by the following votes: Nominee Votes For Votes Withheld Broker Non-Votes Jonathan Mildenhall 93,314,877 545,468 13,714,094 Patrick Spence 75,640,787 18,219,558 13,714,094 Proposal Two — Ratification of Appointment of Independent Registered Public Accounting Firm The Company's stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending September 28, 2024 by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 106,558,406 713,760 302,273 — Proposal Three — Advisory Vote to Approve Named Executive Officer Compensation The Company's stockholders approved, on an advisory basis, the compensation of the Company's named executive officers as described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on January 29, 2024 by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 90,206,425 3,531,643 122,277 13,714,094 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 hereunto duly authorized. SONOS, INC. Da