Business Context and Reporting Period
This Form 8-K reports on the 2021 Annual Meeting of Stockholders held by NCS Multistage Holdings, Inc. on May 27, 2021. The company is incorporated in Delaware and trades on the NASDAQ Capital Market under the symbol NCSM. It is classified as an emerging growth company.
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.
Material Changes and Voting Results
Two items were acted upon by stockholders:
- Proposal 1: Election of Directors. Three Class I directors were elected to serve until the 2024 Annual Meeting. The voting results were:
- Michael McShane: 1,601,652 For; 397,111 Withheld.
- Gurinder Grewal: 1,722,445 For; 276,318 Withheld.
- Valerie Mitchell: 1,722,282 For; 276,481 Withheld.
- Proposal 2: Ratification of Auditors. Stockholders ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for the year ending December 31, 2021. The results were 2,117,780 For, 497 Against, and 7,500 Abstentions.
Total votes eligible to be cast were 2,378,879. Votes cast in person or by proxy totaled 2,125,777, representing approximately 89.4% of eligible votes.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the tenure of the newly elected Class I directors (Michael McShane, Gurinder Grewal, Valerie Mitchell) through the 2024 Annual Meeting.
- Confirm the engagement of Grant Thornton LLP as the independent auditor for the fiscal year ending December 31, 2021.
- Note the high participation rate of 89.4% in the annual meeting.