Credo Technology Group Holding Ltd Files 8-K on Shareholder Vote
Ticker: CRDO · Form: 8-K · Filed: Oct 22, 2024 · CIK: 1807794
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
Related Tickers: CRDO
TL;DR
Credo (CRDO) filed an 8-K for a shareholder vote on Oct 21st. Details TBD.
AI Summary
Credo Technology Group Holding Ltd filed an 8-K on October 22, 2024, reporting on a submission of matters to a vote of security holders that occurred on October 21, 2024. The filing does not contain specific details about the vote's outcome or the matters discussed.
Why It Matters
This filing indicates a formal process of shareholder engagement regarding important company decisions. Investors should monitor the outcomes of such votes for insights into corporate governance and strategic direction.
Risk Assessment
Risk Level: low — The filing is procedural and does not disclose any immediate financial or operational risks.
Key Players & Entities
- Credo Technology Group Holding Ltd (company) — Registrant
- October 21, 2024 (date) — Date of earliest event reported
- October 22, 2024 (date) — Date of report
- 0001807794 (company) — Central Index Key
FAQ
What specific matters were submitted for a vote of security holders on October 21, 2024?
The filing does not specify the exact matters that were submitted for a vote of security holders on October 21, 2024.
When was the 8-K report filed with the SEC?
The 8-K report was filed with the SEC on October 22, 2024.
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant is Credo Technology Group Holding Ltd.
In which jurisdiction was Credo Technology Group Holding Ltd incorporated?
Credo Technology Group Holding Ltd was incorporated in the Cayman Islands.
What is the registrant's telephone number?
The registrant's telephone number, including area code, is (408) 664-9329.
Filing Stats: 617 words · 2 min read · ~2 pages · Grade level 13.3 · Accepted 2024-10-22 17:07:59
Key Financial Figures
- $0.00005 — registered Ordinary shares, par value $0.00005 per share CRDO The Nasdaq Stock Market
Filing Documents
- crdo-20241021.htm (8-K) — 37KB
- 0001628280-24-043302.txt ( ) — 157KB
- crdo-20241021.xsd (EX-101.SCH) — 2KB
- crdo-20241021_lab.xml (EX-101.LAB) — 21KB
- crdo-20241021_pre.xml (EX-101.PRE) — 12KB
- crdo-20241021_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 General Meeting of Credo Technology Group Holding Ltd (the "Company") was held on October 21, 2024. At the 2024 Annual General Meeting, the Company's shareholders voted on the following proposals, which are described in detail in the Company's 2024 Proxy Statement as filed on August 26, 2024 (the "Proxy Statement"). 1. A proposal to elect the three (3) Class III director nominees to hold office until the earlier of the 2027 Annual General Meeting or their resignation or removal. Each of the three (3) Class III director nominees named in the Proxy Statement was elected as set forth below: Nominee For Withheld Broker Non-Votes Clyde Hosein 116,947,234 3,224,593 14,405,421 Manpreet Khaira 113,152,912 7,018,915 14,405,421 Lip-Bu Tan 105,957,153 14,214,674 14,405,421 2. A proposal to approve, on a non-binding advisory basis, the compensation of the Company's named executive officers, as disclosed in the Proxy Statement. This proposal was approved as set forth below: For Against Abstain 105,986,101 14,124,294 61,432 3. A proposal to approve the Company's amended and restated employee stock purchase plan, as disclosed in the Proxy Statement. This proposal was approved as set forth below: For Against Abstain 119,262,420 900,457 8,950 4. A proposal to ratify the selection of Ernst & Young LLP as the Company's independent registered public accounting firm for its fiscal year ending May 3, 2025. This proposal was approved as set forth below: For Against Abstain 134,462,004 86,646 28,598 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Credo Technology Group Holding Ltd Date: October 22, 2024 By: /s/ James Laufman James Laufman Chief Legal Officer