Solaris Oilfield Infrastructure, Inc. - 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report, dated June 18, 2020, covers the results of the Annual Meeting of Stockholders held by Solaris Oilfield Infrastructure, Inc. (SOI) on that date. The filing details the voting outcomes for director elections and the ratification of the independent auditor.
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 voting results rather than financial performance data.
Material Changes and Voting Results
The following proposals were voted upon at the Annual Meeting:
- Proposal 1: Election of Class III Directors
- Edgar R. Giesinger: 31,747,298 For; 7,131,844 Withheld; 2,771,436 Broker Non-Votes.
- A. James Teague: 34,438,412 For; 4,440,730 Withheld; 2,771,436 Broker Non-Votes.
- William A. Zartler: 34,351,449 For; 4,527,693 Withheld; 2,771,436 Broker Non-Votes.
- Proposal 2: Ratification of Independent Auditor
- BDO USA, LLP was ratified as the independent registered public accounting firm for the fiscal year ended December 31, 2020.
- Voting Results: 41,592,603 For; 25,766 Against; 32,209 Abstentions.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. For detailed descriptions of the proposals, investors are referred to the definitive proxy statement filed on April 29, 2020.
Key Facts for Investor Verification
- Verify the full composition of the Board of Directors following the election of the three Class III directors.
- Confirm the engagement terms and fees for BDO USA, LLP as the independent auditor for the 2020 fiscal year.
- Review the definitive proxy statement filed on April 29, 2020, for context on the director nominees and auditor selection process.