Cadre Holdings, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K, dated May 31, 2023, reports on the results of Cadre Holdings, Inc.'s 2023 Annual Meeting of Stockholders. The Company is an emerging growth company incorporated in Delaware with its principal executive offices in Jacksonville, Florida.
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 voting results.
Material Changes and Voting Results
Of the 37,586,031 shares entitled to vote, 35,618,606 shares (approximately 94.8%) were present in person or by proxy. Stockholders approved two proposals:
- Proposal 1 (Election of Directors): Five nominees were elected to the Board of Directors. Voting results varied by nominee:
| Director Nominee | Votes For | Votes Withheld | Broker Non-Votes |
|---|---|---|---|
| Warren B. Kanders | 31,900,115 | 131,500 | 3,586,991 |
| Nicholas Sokolow | 24,011,532 | 8,020,083 | 3,586,991 |
| Hamish Norton | 31,941,813 | 89,802 | 3,586,991 |
| William Quigley | 24,352,063 | 7,679,552 | 3,586,991 |
| Deborah A. DeCotis | 25,627,282 | 6,404,333 | 3,586,991 |
- Proposal 2 (Ratification of Auditors): Stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the year ending December 31, 2023.
| Vote Type | Count |
|---|---|
| Votes For | 35,580,169 |
| Votes Against | 37,453 |
| Votes Abstained | 984 |
| Broker Non-Votes | 0 |
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
- Verify the significant number of votes withheld for directors Nicholas Sokolow, William Quigley, and Deborah A. DeCotis, which exceeded 20% of the votes cast for those specific nominees.
- Confirm the total number of shares outstanding (37,586,031) and the high participation rate (94.8%) at the annual meeting.
- Note that the Company is classified as an emerging growth company.
- Review the Company's subsequent 10-K or 10-Q filings for financial performance data, as this 8-K contains no financial metrics.