MP Materials Submits Matters to Security Holder Vote
Ticker: MP · Form: 8-K · Filed: Jun 12, 2024 · CIK: 1801368
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
Related Tickers: MP
TL;DR
MP Materials is asking shareholders to vote on something important.
AI Summary
MP Materials Corp. announced on June 11, 2024, that it is submitting matters to a vote of its security holders. The company, incorporated in Delaware, filed this 8-K report to disclose this action. The filing does not specify the exact nature of the matters to be voted upon or any associated details.
Why It Matters
This filing indicates that MP Materials is seeking shareholder approval for certain corporate actions, which could impact the company's future direction or governance.
Risk Assessment
Risk Level: low — The filing is procedural and does not contain specific financial or operational risks.
Key Players & Entities
- MP Materials Corp. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- June 11, 2024 (date) — Date of earliest event reported
- 1700 S. Pavilion Center Drive, Suite 800 Las Vegas, Nevada 89135 (address) — Principal executive offices
FAQ
What specific matters are being submitted for a vote by MP Materials Corp. security holders?
The filing states that matters are being submitted to a vote of security holders, but it does not specify what those matters are.
When was the earliest event reported in this 8-K filing?
The earliest event reported is June 11, 2024.
What is the exact name of the registrant?
The exact name of the registrant is MP Materials Corp.
In which state is MP Materials Corp. incorporated?
MP Materials Corp. is incorporated in Delaware.
What is the address of MP Materials Corp.'s principal executive offices?
The address of MP Materials Corp.'s principal executive offices is 1700 S. Pavilion Center Drive, Suite 800, Las Vegas, Nevada 89135.
Filing Stats: 603 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-06-12 16:24:23
Key Financial Figures
- $0.0001 — registered Common Stock, par value of $0.0001 per share MP New York Stock Exchange
Filing Documents
- mp-20240611.htm (8-K) — 32KB
- 0001801368-24-000057.txt ( ) — 180KB
- mp-20240611.xsd (EX-101.SCH) — 2KB
- mp-20240611_def.xml (EX-101.DEF) — 14KB
- mp-20240611_lab.xml (EX-101.LAB) — 25KB
- mp-20240611_pre.xml (EX-101.PRE) — 15KB
- mp-20240611_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 June 11, 2024, MP Materials Corp., a Delaware corporation (the "Company"), held its Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, the stockholders of the Company: (i) elected two Class I directors to serve until the 2027 Annual Meeting of Stockholders; (ii) approved, on an advisory basis, the compensation paid to the Company's named executive officers; and (iii) ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Proposal One. Election of two Class I directors to serve until the 2027 Annual Meeting of Stockholders. The final vote tabulation for each of the individual directors was as follows: Director Votes FOR Votes WITHHELD Broker Non-Votes James H. Litinsky 66,373,517 15,727,435 37,055,541 Andrew A. McKnight 66,196,406 15,904,546 37,055,541 The term of office of each of Arnold Donald, Connie K. Duckworth, Maryanne R. Lavan, General (Retired) Richard B. Myers and Randall J. Weisenburger continued following the Annual Meeting. Proposal Two. Advisory vote to approve the compensation of the Company's named executive officers. The final vote tabulation was as follows: Votes FOR Votes AGAINST Abstentions Broker Non-Votes 54,620,112 21,870,615 5,610,225 37,055,541 Proposal Three. Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The final vote tabulation was as follows: Votes FOR Votes AGAINST Abstentions Broker Non-Votes 114,742,001 1,509,748 2,904,744 — 2 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. Dated: June 12, 2024 MP MATERIALS CORP. By: /s/ Elliot D. Hoops Elliot D. Hoops General Counsel and Secre