Energous Corp. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Energous Corporation on March 21, 2018. The filing reports corporate governance changes specifically regarding the election of new directors to the Board of Directors.
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 personnel changes and does not contain financial performance data.
Material Changes
On March 21, 2018, the Board of Directors elected two new members to serve until the 2018 annual meeting of stockholders or until their successors are duly elected:
- Carol Lindstrom: Former Vice Chairman of Deloitte LLP with extensive experience in technology consulting, financial services, and strategic relationship management. She has previously served on the boards of Genpact Ltd. and Exponent.
- Nick Alexopoulos: Vice President for Academic Affairs and University Relations with the Broadcom Foundation. He is a distinguished academic and engineer, formerly Dean of the Henry Samueli School of Engineering at UC Irvine and a faculty member at UCLA. He is an IEEE Fellow and a member of the National Academy of Engineering.
Both directors have entered into standard compensation and indemnification agreements and have been named to serve on the compensation and governance and nominating committee. No transactions requiring disclosure under Item 404(a) of Regulation S-K exist between the new directors and the Company.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on financial performance, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the effective date of the new directors' terms (March 21, 2018).
- Confirm the specific committee assignments for Carol Lindstrom and Nick Alexopoulos (Compensation and Governance/Nominating).
- Review the Company's proxy statement for the 2018 annual meeting for further details on director qualifications and voting procedures.
- Note that this filing contains no financial data; refer to the most recent 10-K or 10-Q for financial metrics.