Paymentus Holdings, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K, dated June 3, 2022, details the results of Paymentus Holdings, Inc.'s 2022 Annual Meeting of Stockholders. The company is incorporated in Delaware and its Class A Common Stock trades on the New York Stock Exchange under the symbol "PAY".
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance events.
Material Changes and Voting Results
Stockholders voted on two primary matters at the Annual Meeting. Approximately 99.6% of the combined voting power of Class A and Class B common stock was present in person or by proxy.
- Election of Directors: Stockholders elected two Class I Directors, William Ingram and Robert Palumbo, to serve until the 2025 annual meeting.
- Ratification of Auditors: Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2022.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document serves solely to report the outcome of the shareholder vote.
Key Facts for Investor Verification
- William Ingram received 1,042,402,722 votes for and 3,235,564 votes withheld.
- Robert Palumbo received 1,042,194,343 votes for and 3,443,943 votes withheld.
- The ratification of PricewaterhouseCoopers LLP received 1,046,415,086 votes for, with only 266 votes against and 656 abstentions.
- As of the record date, there were 17,715,046 shares of Class A common stock and 103,336,377 shares of Class B common stock outstanding.
- Class B shares carry ten votes per share, while Class A shares carry one vote per share.