Magnite Reports on Shareholder Votes

Ticker: MGNI · Form: 8-K · Filed: 2024-06-14T00:00:00.000Z

Sentiment: neutral

Topics: shareholder-vote, corporate-governance

TL;DR

Magnite held a shareholder vote on June 12th, details to follow.

AI Summary

Magnite, Inc. filed an 8-K on June 14, 2024, to report on matters submitted to a vote of its security holders. The filing pertains to events that occurred on June 12, 2024. Magnite, formerly known as Rubicon Project, Inc., is incorporated in Delaware and headquartered in New York.

Why It Matters

This filing indicates that Magnite held a shareholder meeting where important decisions were made, which could impact the company's future direction and governance.

Risk Assessment

Risk Level: low — This is a routine filing reporting on shareholder votes, with no immediate financial or operational risks disclosed.

Key Players & Entities

FAQ

What specific matters were submitted to a vote of Magnite's security holders?

The filing indicates that matters were submitted to a vote, but the specific details of these matters are not provided in the excerpt.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on June 12, 2024.

What is Magnite, Inc.'s former name?

Magnite, Inc.'s former name was Rubicon Project, Inc.

In which state is Magnite, Inc. incorporated?

Magnite, Inc. is incorporated in Delaware.

What is the address of Magnite's principal executive offices?

The address of Magnite's principal executive offices is 1250 Broadway, 15th Floor, New York, New York 10001.

Filing Stats: 578 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2024-06-14 16:29:44

Key Financial Figures

Filing Documents

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. At the 2024 annual meeting of stockholders of the Company held on June 12, 2024, the Company's stockholders considered three proposals, each of which is described in more detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 26, 2024 (the " Proxy Statement "). The final results of voting on each proposal are as follows: Proposal 1 : Election of three Class I directors to serve until the Company's 2027 annual meeting of stockholders and until their respective successors are duly elected and qualified. FOR AGAINST ABSTAIN BROKER NON-VOTES Sarah P. Harden 95,936,572 3,649,438 73,501 21,569,327 James Rossman 95,493,821 4,059,487 106,203 21,569,327 Diane Yu 97,991,493 1,597,618 70,400 21,569,327 Sarah P. Harden, James Rossman, and Diane Yu, the nominees for Class I directors, were each elected. Proposal 2 : Ratification of the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the current fiscal year. FOR AGAINST ABSTAIN BROKER NON-VOTES 120,658,464 254,932 315,442 --- The foregoing proposal was approved. Proposal 3 : Approval, on an advisory basis, of the compensation of the Company's named executive officers. FOR AGAINST ABSTAIN BROKER NON-VOTES 93,070,541 6,382,642 206,328 21,569,327 The Company's stockholders approved, on an advisory basis, the compensation of the named executive officers as disclosed in the Proxy Statement. 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. MAGNITE, INC. Date: June 14, 2024 By: /s/ David Day David Day Chief Financial Officer

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