Business Context and Reporting Period
This Form 8-K reports on the 2016 Annual Meeting of Stockholders held by NantKwest, Inc. on June 15, 2016. The filing details the results of shareholder votes regarding the election of directors and the ratification of the independent registered public accounting firm. Note: The request metadata referenced "Immunitybio, Inc.", but the filing text explicitly identifies the registrant as NantKwest, Inc.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Shareholder Participation: Of 81,954,142 shares outstanding as of the April 22, 2016 record date, 64,768,642 shares (approximately 79.03%) were represented at the meeting.
Election of Directors: All seven nominees were elected to serve until the 2017 annual meeting. Voting results were as follows:
- Patrick Soon-Shiong: 57,927,600 For; 2,471,009 Withheld.
- Barry J. Simon: 58,256,797 For; 2,141,812 Withheld.
- Steve Gorlin: 58,196,747 For; 2,201,862 Withheld.
- Michael Blaszyk: 58,376,668 For; 2,021,941 Withheld.
- Richard Kusserow: 58,376,968 For; 2,021,641 Withheld.
- John T. Potts, Jr.: 58,366,967 For; 2,031,642 Withheld.
- John C. Thomas, Jr.: 60,284,712 For; 113,897 Withheld.
Ratification of Auditors: The appointment of Mayer Hoffman McCann P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2016, was ratified.
- For: 64,336,176
- Against: 404,357
- Abstentions: 28,109
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary on financial performance, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the correct registrant name is NantKwest, Inc., not Immunitybio, Inc.
- Confirm the re-election of Patrick Soon-Shiong as a director, noting he received the highest number of "Withheld" votes among the nominees.
- Verify the ratification of Mayer Hoffman McCann P.C. as the auditor for the 2016 fiscal year.
- Note that 4,370,033 broker non-votes were recorded for the director elections.