Energous Corp Reports Director/Officer Changes & Shareholder Votes
Ticker: WATT · Form: 8-K · Filed: Jun 14, 2024 · CIK: 1575793
| Field | Detail |
|---|---|
| Company | Energous Corp (WATT) |
| Form Type | 8-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.00001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, governance, shareholder-vote
TL;DR
Energous Corp filed an 8-K detailing leadership changes and upcoming shareholder votes.
AI Summary
Energous Corporation filed an 8-K on June 14, 2024, reporting events as of June 12, 2024. The filing indicates changes related to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements. It also covers the submission of matters to a vote of security holders and includes financial statements and exhibits.
Why It Matters
This filing signals potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational execution.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with matters submitted for shareholder vote, can indicate internal shifts or strategic decisions that may carry inherent risks.
Key Players & Entities
- Energous Corporation (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
FAQ
What specific changes occurred regarding directors or officers?
The filing indicates the departure of directors or certain officers, the election of directors, and the appointment of certain officers.
Were there any compensatory arrangements for officers mentioned?
Yes, the filing covers compensatory arrangements of certain officers.
What is the date of the earliest event reported in this 8-K?
The date of the earliest event reported is June 12, 2024.
What other items are covered by this 8-K filing besides personnel changes?
The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits.
What is Energous Corporation's standard industrial classification?
Energous Corporation's standard industrial classification is RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663].
Filing Stats: 1,244 words · 5 min read · ~4 pages · Grade level 12.2 · Accepted 2024-06-14 16:46:39
Key Financial Figures
- $0.00001 — ich registered Common Stock, par value $0.00001 per share WATT The Nasdaq Stock Mar
Filing Documents
- tm2417269d1_8k.htm (8-K) — 49KB
- tm2417269d1_ex10-1.htm (EX-10.1) — 179KB
- tm2417269d1_ex10-2.htm (EX-10.2) — 62KB
- tm2417269d1_ex10-3.htm (EX-10.3) — 73KB
- 0001104659-24-071806.txt ( ) — 604KB
- watt-20240612.xsd (EX-101.SCH) — 3KB
- watt-20240612_lab.xml (EX-101.LAB) — 33KB
- watt-20240612_pre.xml (EX-101.PRE) — 22KB
- tm2417269d1_8k_htm.xml (XML) — 4KB
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 was held on June 12, 2014, as a virtual meeting online via live audio webcast. At the Annual Meeting, there were 3,198,098 votes represented either in person or by proxy, or 52.57% of the votes entitled to be cast at the Annual Meeting, which represented a quorum. The Company's stockholders voted on, and approved, the following proposals at the Annual Meeting: Proposal 1 . Election of three directors to the Board of Directors to serve until the 2025 Annual Meeting of Stockholders and until their respective successors are elected and qualified. Nominee Votes For Votes Withheld Broker Non-Votes Rahul Patel 820,561 222,759 2,154,778 J. Michael Dodson 825,941 217,379 2,154,778 David Roberson 819,029 224,291 2,154,778 Proposal 2 . Ratification of the appointment of BPM LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Votes For Votes Against Abstentions Broker Non-Votes 2,725,131 265,359 207,608 — Proposal 3 . Approval of the Energous Corporation 2024 Equity Incentive Plan. Votes For Votes Against Abstentions Broker Non-Votes 861,662 168,087 13,571 2,154,778 Proposal 4 . Approval of an amendment and restatement of the Energous Corporation Employee Stock Purchase Plan to increase the total number of shares of common stock available for issuance thereunder by 6,200 shares. Votes For Votes Against Abstentions Broker Non-Votes 863,806 168,716 10,798 2,154,778
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Energous Corporation 2024 Equity Incentive Plan. 10.2 Energous Corporation Amended and Restated Employee Stock Purchase Plan. 10.3 Severance and Change in Control Agreement, dated June 12, 2024, between Mallorie Burak and Energous Corporation. 104 Cover Page Interactive Data File (embedded as Inline XBRL document)
SIGNATURES
SIGNATURES 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. ENERGOUS CORPORATION Date: June 14, 2024 By: /s/ Mallorie Burak Name: Mallorie Burak Title: Interim Principal Executive Officer and Chief Financial Officer