RAPID MICRO BIOSYSTEMS, INC. current report, 23 May 2022

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Rapid Micro Biosystems, Inc. (RPID) - Form 8-K Summary

Business Context and Reporting Period

This Form 8-K Current Report, dated May 23, 2022, details the results of the Annual Meeting of Stockholders held by Rapid Micro Biosystems, Inc. on that date. The Company is an emerging growth company incorporated in Delaware, with its Class A Common Stock trading on The Nasdaq Global Select Market under the symbol RPID.

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 matters and does not contain financial performance data.

Material Changes and Voting Results

Two primary matters were voted upon by stockholders at the Annual Meeting:

  • Director Elections: Stockholders elected David Hirsch, M.D., Ph.D., and Inese Lowenstein as Class I Directors to serve until the 2025 Annual Meeting.
    • David Hirsch: 26,845,495 votes For; 4,124,137 votes Withheld; 2,051,666 Broker Non-Votes.
    • Inese Lowenstein: 30,953,472 votes For; 16,160 votes Withheld; 2,051,666 Broker Non-Votes.
  • Auditor Ratification: Stockholders ratified the selection of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2022.
    • Results: 33,021,093 votes For; 99 votes Against; 106 votes Abstaining; 0 Broker Non-Votes.

A total of 36,386,948 shares were eligible to vote, with 33,021,298 shares present in person or by proxy, establishing a quorum.

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 is limited to reporting the outcomes of the shareholder vote.

Key Facts for Investor Verification

  • Confirmation that David Hirsch and Inese Lowenstein have assumed their roles as Class I Directors.
  • Verification that PricewaterhouseCoopers LLP is the appointed auditor for the fiscal year ending December 31, 2022.
  • Review of the significant number of votes withheld for David Hirsch (approximately 13.4% of votes cast) compared to Inese Lowenstein.
  • Confirmation of the total share count eligible to vote (36,386,948) and the proxy participation rate.