PubMatic, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K covers the Annual Meeting of Stockholders held by PubMatic, Inc. on May 31, 2023. The filing details the voting results for three proposals submitted to security holders.
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 and shareholder voting outcomes.
Material Changes and Voting Results
Approximately 70.83% of total outstanding shares entitled to vote were present, constituting a quorum. The following proposals were approved:
- Proposal One (Election of Directors): Stockholders approved the election of six directors (Cathleen Black, Susan Daimler, Shelagh Glaser, Amar K. Goel, Rajeev K. Goel, and Jacob Shulman) for one-year terms.
- Proposal Two (Ratification of Accounting Firm): Stockholders ratified the appointment of Deloitte & Touche LLP as the independent registered accounting firm for the year ending December 31, 2023.
- Proposal Three (Executive Compensation): Stockholders approved, on an advisory basis, the compensation of the Named Executive Officers.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Quorum was met with 37,131,991 shares present (70.83% of outstanding shares).
- All six director nominees received significant majority support, though broker non-votes were recorded for each.
- Deloitte & Touche LLP was ratified as the auditor with over 103 million votes in favor.
- The advisory vote on executive compensation passed with approximately 90.8 million votes in favor.