Amprius Technologies, Inc. — Form 8-K Summary
Business context and reporting period
Amprius Technologies, Inc. filed this current report on April 27, 2023, regarding an event occurring on April 25, 2023. The filing reports a board appointment under Item 5.02. It does not present quarterly or annual financial results.
Key financial metrics and capital structure
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, guidance, or other operating metrics. The company’s common stock and redeemable warrants trade on the New York Stock Exchange under the symbols AMPX and AMPX.W, respectively.
Material changes versus the prior comparable period
- Kathleen Ann Bayless was elected as a Class I director, with her term scheduled to expire at the 2023 annual meeting of stockholders.
- Ms. Bayless was appointed to the Board’s Audit Committee.
- The Board determined that Ms. Bayless is independent and satisfies applicable New York Stock Exchange independence requirements.
Compensation, outlook, risks, and unusual items
- Ms. Bayless will receive compensation under the company’s disclosed outside-director compensation policy.
- She will enter into the company’s standard indemnification agreement, covering certain expenses, judgments, fines, and settlements related to qualifying services.
- The filing states that no reportable transactions existed or are currently proposed between Ms. Bayless, her immediate family, and the company under Item 404(a) of Regulation S-K.
- The appointment was not made pursuant to any arrangement or understanding between Ms. Bayless and another person.
Important facts for investors to verify
- Review the company’s proxy statement filed on April 27, 2023 for the detailed outside-director compensation policy.
- Review the referenced indemnification agreement filed as Exhibit 10.12 to the company’s Form S-4 filed August 9, 2022.
- Confirm Ms. Bayless’s committee responsibilities and term at the 2023 annual meeting of stockholders.
- This 8-K contains no financial performance or liquidity update; investors should consult the company’s periodic reports for those details.