LVS Appoints Alain Li to Audit, Nominating & Governance, Compliance Committees

TL;DR

**LVS's new board member, Alain Li, just got assigned to key oversight committees.**

AI Summary

Las Vegas Sands Corp. (LVS) filed an 8-K/A on January 25, 2024, to update its previous 8-K filing from January 15, 2024. The amendment clarifies that new board member Alain Li, who was previously elected to the Board of Directors, was appointed on January 22, 2024, to serve on the Audit, Nominating and Governance, and Compliance Committees. This matters to investors because Mr. Li's committee appointments indicate his specific areas of influence and responsibility within the company, potentially impacting oversight and strategic direction.

Why It Matters

This filing details the specific roles and responsibilities of a new board member, Alain Li, which is important for understanding the company's governance structure and the expertise guiding its operations.

Risk Assessment

Risk Level: low — This filing is an administrative update regarding board committee appointments and does not introduce new financial or operational risks.

Analyst Insight

A smart investor would note Alain Li's committee appointments as a minor governance update, indicating the company's continued focus on oversight and compliance, but it's unlikely to be a primary driver for investment decisions.

Key Players & Entities

• Alain Li (person) — new member of the Board of Directors for Las Vegas Sands Corp. and appointed to Audit, Nominating and Governance, and Compliance Committees
• Las Vegas Sands Corp. (company) — the registrant filing the 8-K/A
• Board of Directors (company) — elected Alain Li and appointed him to committees
• Audit Committee (company) — one of the committees Alain Li was appointed to
• Nominating and Governance Committee (company) — one of the committees Alain Li was appointed to
• Compliance Committee (company) — one of the committees Alain Li was appointed to

FAQ

From the Filing

0001300514-24-000023.txt : 20240125 0001300514-24-000023.hdr.sgml : 20240125 20240125160306 ACCESSION NUMBER: 0001300514-24-000023 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20240115 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAS VEGAS SANDS CORP CENTRAL INDEX KEY: 0001300514 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 270099920 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-32373 FILM NUMBER: 24562156 BUSINESS ADDRESS: STREET 1: 5420 S. DURANGO DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89113 BUSINESS PHONE: 702-923-9000 MAIL ADDRESS: STREET 1: 5420 S. DURANGO DRIVE CITY: LAS VEGAS STATE: NV ZIP: 89113 8-K/A 1 lvs-20240115.htm 8-K/A lvs-20240115 0001300514 true Las Vegas Sands Corp. previously filed an 8-K to disclose that the Company’s Board of Directors elected Alain Li as a new member of the Board. Mr. Li had not been appointed to any committee of the Board as of the previously filed 8-K. The Company is filing this amendment to disclose that on January 22, 2024, the Board appointed Mr. Li to serve as a member of the Board’s Audit, Nominating and Governance and Compliance Committees. 0001300514 2024-01-15 2024-01-15 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K/A CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported)         January 15, 2024 LAS VEGAS SANDS CORP. (Exact name of registrant as specified in its charter) Nevada (State or other jurisdiction of incorporation) 001-32373 27-0099920 (Commission File Number) (IRS Employer Identification No.)     5420 S. Durango Dr. Las Vegas, Nevada 89113 (Address of principal executive offices) (Zip Code) ( 702 ) 923-9000 (Registrant's Telephone Number, Including Area Code) NOT APPLICABLE  (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock ($0.001 par value) LVS New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 18, 2024, Las Vegas Sands Corp. (the “Company”) filed a Current Report on Form 8-K (the “Original Report”) to di