PubMatic, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K, dated June 1, 2021, reports on the results of PubMatic, Inc.'s Annual Meeting of Stockholders held on that date. The filing details the voting outcomes for director elections and the ratification of the independent registered accounting firm.
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 matters and does not contain financial performance data.
Material Changes
No material financial changes are reported in this filing. The primary event is the successful ratification of corporate governance proposals by stockholders.
Outlook, Risks, and Management Commentary
The filing contains no management commentary regarding future outlook, risks, contingencies, or unusual items. It strictly documents the vote counts for the two proposals submitted to stockholders.
Key Facts for Investors
- Director Election: Stockholders approved the election of six directors (Cathleen Black, W. Eric Carlborg, Susan Daimler, Amar K. Goel, Rajeev K. Goel, and Narendra Gupta) for one-year terms.
- Accounting Firm Ratification: Stockholders ratified the appointment of Deloitte & Touche LLP as the independent registered accounting firm for the fiscal year ending December 31, 2021.
- Voting Structure: Class A common stock holders held one vote per share, while Class B common stock holders held ten votes per share as of the April 9, 2021 Record Date.
- Vote Results: Proposal One received significant support with over 340 million votes for each nominee. Proposal Two received 343,506,920 votes for, 10,498 against, and 2,156,419 abstentions.