Rimini Street, Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2019 Annual Meeting of Stockholders held by Rimini Street, Inc. on June 6, 2019. The meeting took place at the Company's California Operations Center in Pleasanton, California. The filing was submitted on June 7, 2019.
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 voting results.
Material Changes and Voting Results
Stockholders voted on two proposals with the common stock and Preferred Stock voting together as a single class. A quorum was established with approximately 87.48% of voting power represented.
- Proposal 1 (Election of Class II Directors):
- Robin Murray: 64,115,624 votes For; 247,254 votes Withheld.
- Antonio Bonchristiano: 63,581,149 votes For; 781,729 votes Withheld.
- Proposal 2 (Ratification of KPMG LLP):
- 70,056,385 votes For.
- 101,626 votes Against.
- 28,981 votes Abstain.
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
- Both director nominees (Robin Murray and Antonio Bonchristiano) received overwhelming support from voting stockholders.
- Stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2019.
- As of the record date (April 18, 2019), 65,268,394 shares of common stock and 149,647 shares of 13.00% Series A Redeemable Convertible Preferred Stock were outstanding.
- The Preferred Stock carries 100 votes per share.