Business Context and Reporting Period
MaxLinear, Inc. filed this Form 8-K to report the results of its Annual Meeting of Stockholders held on May 26, 2022. The company is incorporated in Delaware and its common stock trades on The NASDAQ Stock Market LLC under the symbol MXL.
Key Financial Metrics
This filing is a current report regarding corporate governance and does not contain financial performance data. The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes Versus Prior Period
No material financial changes or operational updates versus prior periods are disclosed in this document. The report focuses exclusively on the outcomes of shareholder votes.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or management commentary regarding future business performance. It details the ratification of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2022.
Important Facts for Investors to Verify
- Shareholder Participation: Approximately 92.75% of outstanding shares (71,745,095 of 77,355,299) were represented at the meeting.
- Director Elections: Daniel A. Artusi and Tsu-Jae King Liu, Ph.D., were re-elected as Class I directors. Both received significant "For" votes (over 61 million each) but also notable "Against" votes (over 1.3 million each).
- Executive Compensation: The advisory vote to approve named executive officer compensation for the year ended December 31, 2021, was approved by stockholders.
- Auditor Ratification: The appointment of Grant Thornton LLP was ratified with overwhelming support (71.6 million "For" votes vs. 58,747 "Against" votes).