Marqeta Files 8-K on Shareholder Vote Matters
Ticker: MQ · Form: 8-K · Filed: Jun 14, 2024 · CIK: 1522540
Sentiment: neutral
Topics: corporate-governance, shareholder-meeting
TL;DR
Marqeta held a shareholder vote on June 13th. Details filed today.
AI Summary
Marqeta, Inc. filed an 8-K on June 14, 2024, reporting on matters submitted to a vote of security holders as of June 13, 2024. The filing details the company's corporate information, including its address in Oakland, California, and its standard industrial classification in prepackaged software services.
Why It Matters
This filing indicates that Marqeta held a shareholder vote, which is a key governance event for publicly traded companies. The outcome of such votes can impact corporate strategy and leadership.
Risk Assessment
Risk Level: low — This is a routine corporate filing regarding a shareholder vote, not indicating any immediate financial distress or significant operational change.
Key Players & Entities
- Marqeta, Inc. (company) — Registrant
- June 13, 2024 (date) — Date of earliest event reported
- June 14, 2024 (date) — Date of report
- Oakland, California (location) — Principal executive offices
FAQ
What specific matters were submitted to a vote of Marqeta's security holders on June 13, 2024?
The filing states that the report concerns 'Submission of Matters to a Vote of Security Holders' but does not specify the exact proposals voted upon in the provided text.
What is Marqeta, Inc.'s principal executive office address?
Marqeta, Inc.'s principal executive offices are located at 180 Grand Avenue, 6th Floor, Oakland, California 94612.
What is Marqeta's IRS Employer Identification Number?
Marqeta's IRS Employer Identification Number is 27-4306690.
Under which section of the Securities Exchange Act of 1934 is this Form 8-K filed?
This Form 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is Marqeta's Standard Industrial Classification code and description?
Marqeta's Standard Industrial Classification code is [7372] and it falls under SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 633 words · 3 min read · ~2 pages · Grade level 13.1 · Accepted 2024-06-14 16:06:44
Key Financial Figures
- $0.0001 — which registered Class A common stock, $0.0001 par value per share MQ The Nasdaq Stock
Filing Documents
- mq-20240613.htm (8-K) — 41KB
- 0001522540-24-000010.txt ( ) — 179KB
- mq-20240613.xsd (EX-101.SCH) — 2KB
- mq-20240613_def.xml (EX-101.DEF) — 4KB
- mq-20240613_lab.xml (EX-101.LAB) — 24KB
- mq-20240613_pre.xml (EX-101.PRE) — 15KB
- mq-20240613_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 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Marqeta, Inc. (the "Company") was held on June 13, 2024, and the Company's Class A and Class B common stockholders voted on three proposals that are described in detail in the Company's definitive proxy statement filed with the U.S. Securities and Exchange Commission (the "SEC") on April 25, 2024. Set forth below are the matters the stockholders voted on and the final voting results. Proposal 1 : Holders of the Company's Class A and Class B common stock voted to elect the three Class III director nominees to the Company's Board of Directors, each to hold office until the annual meeting of stockholders in 2027 and until their successors have been duly elected and qualified or until such director's earlier death, resignation, or removal. The final voting results are as follows: Nominee For Withheld Broker Non-Votes Alpesh Chokshi 701,514,298 1,173,283 89,450,617 Kiran Prasad 652,456,360 50,231,221 89,450,617 Godfrey Sullivan 641,766,691 60,920,890 89,450,617 Proposal 2 : Holders of the Company's Class A and Class B common stock voted to ratify the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. There were no broker non-votes on this proposal. The final voting results are as follows: For: 787,839,481 Against: 2,080,533 Abstain: 2,218,184 Proposal 3 : Holders of the Company's Class A and Class B common stock voted to approve, on a non-binding advisory basis, the compensation paid to the Company's named executive officers. The final voting results are as follows: For: 667,626,522 Against: 34,749,805 Abstain: 311,254 Broker Non-Votes: 89,450,617 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.