Business Context and Reporting Period
This Form 8-K reports on the 2021 Annual Meeting of Stockholders held by i3 Verticals, Inc. on February 26, 2021. The filing was submitted on March 1, 2021. The company is incorporated in Delaware and its Class A Common Stock trades on the Nasdaq Global Select Market under the symbol IIIV.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance matters and voting results.
Material Changes and Voting Results
A total of 27,483,173 shares were present or represented by proxy, representing approximately 88.9% of outstanding Common Stock as of the January 15, 2021 record date. Two matters were submitted to a vote:
- Election of Directors: Stockholders elected eight directors for a one-year term. All nominees received significant support, though Clay Whitson and David Wilds received higher "Withheld" votes compared to other nominees.
- Ratification of Auditors: Stockholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending September 30, 2021.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the disclosure of voting outcomes.
Important Facts for Investors to Verify
- Confirmation of the new board composition following the election of the eight directors.
- The specific vote counts for Clay Whitson and David Wilds, who received the highest number of "Withheld" votes among the director nominees.
- Verification that Deloitte & Touche LLP will serve as the auditor for the fiscal year ending September 30, 2021.