Open Lending Corp Files 8-K on Shareholder Vote Matters
Ticker: LPRO · Form: 8-K · Filed: May 23, 2024 · CIK: 1806201
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, sec-filing
Related Tickers: LPRO
TL;DR
Open Lending Corp filed an 8-K on May 23rd regarding shareholder votes from May 22nd. Standard corporate update.
AI Summary
Open Lending Corporation filed an 8-K on May 23, 2024, reporting on matters submitted to a vote of security holders on May 22, 2024. The filing details the company's corporate structure and its principal executive offices located at 1501 S. MoPac Expressway, Suite 450, Austin, Texas.
Why It Matters
This filing informs investors about significant corporate actions and decisions made by Open Lending Corporation's security holders, impacting governance and future strategic direction.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure regarding a shareholder vote and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- Open Lending Corporation (company) — Registrant
- Nebula Parent Corp. (company) — Former company name
- May 22, 2024 (date) — Date of earliest event reported
- May 23, 2024 (date) — Filing date
- 1501 S. MoPac Expressway Suite 450 Austin, Texas 78746 (location) — Principal executive offices address
FAQ
What specific matters were submitted to a vote of Open Lending Corporation's security holders on May 22, 2024?
The filing indicates that matters were submitted to a vote of security holders on May 22, 2024, but the specific details of these matters are not elaborated upon in the provided excerpt.
When was Open Lending Corporation incorporated, and in which jurisdiction?
Open Lending Corporation was incorporated in Delaware.
What is the IRS Employer Identification Number for Open Lending Corporation?
The IRS Employer Identification Number for Open Lending Corporation is 84-5031428.
What was Open Lending Corporation's former company name?
Open Lending Corporation's former company name was Nebula Parent Corp.
What is the business address of Open Lending Corporation?
The business address of Open Lending Corporation is 1501 S. MoPac Expressway, Suite 450, Austin, Texas 78746.
Filing Stats: 626 words · 3 min read · ~2 pages · Grade level 13.6 · Accepted 2024-05-23 17:13:54
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 per share LPRO The Nasdaq Stock Market
Filing Documents
- lpro-20240522.htm (8-K) — 34KB
- lpro-20240522_g1.jpg (GRAPHIC) — 38KB
- 0001806201-24-000102.txt ( ) — 236KB
- lpro-20240522.xsd (EX-101.SCH) — 2KB
- lpro-20240522_lab.xml (EX-101.LAB) — 21KB
- lpro-20240522_pre.xml (EX-101.PRE) — 12KB
- lpro-20240522_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 22, 2024, Open Lending Corporation (the "Company") held its annual meeting of stockholders (the "Annual Meeting") to consider and vote on the three proposals set forth below, each of which is described in greater detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 11, 2024. The final voting results are set forth below. Proposal 1 - Election of the Three Class I Director Nominees The stockholders elected each of the three persons named below to serve as Class I members of the Company's board of directors, to serve until the Company's 2027 Annual Meeting of Stockholders and until his or her successor is duly elected and qualified. The results of such vote were as follows: Name For Withhold Broker Non-Vote Eric A. Feldstein 84,578,806 5,674,498 17,014,747 Thomas K. Hegge 79,845,360 10,407,944 17,014,747 Gene Yoon 20,621,779 69,614,818 17,031,454 Proposal 2 - Ratification of Selection of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm The stockholders ratified the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The results of such vote were as follows: For Against Abstain Broker Non-Vote 106,988,009 276,627 3,415 0 Proposal 3 - Nonbinding Advisory Vote on the Compensation of our Named Executive Officers The stockholders voted "for" the approval of the compensation of our named executive officers. The results of such vote were as follows: For Against Abstain Broker Non-Vote 81,007,868 9,094,310 151,126 17,014,747 1
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. OPEN LENDING CORPORATION By: /s/ Charles D. Jehl Name: Charles D. Jehl Title: Chief Financial Officer, Chief Operating Officer, and Interim Chief Executive Officer Date: May 23, 2024 2