Rimini Street, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Rimini Street, Inc. on September 15, 2021, covering events that occurred on September 10, 2021. The filing primarily addresses corporate governance changes involving the appointment of new Board of Directors members.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on personnel appointments and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Katrinka B. McCallum to the Board of Directors, effective October 1, 2021. Key details include:
- Ms. McCallum was appointed as a Class II director until the 2022 annual meeting of stockholders.
- She was appointed to the Audit Committee, where she qualifies as an "audit committee financial expert."
- Her compensation will follow the Company's Non-Employee Director Compensation Policy.
- A press release dated September 15, 2021, also introduced Jay Snyder as a new Board member, though specific appointment details for Mr. Snyder are referenced in the attached press release rather than detailed in the main text of this 8-K.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The document strictly reports on the director appointment and the associated regulatory disclosure under Regulation FD.
Key Facts for Investor Verification
- Verify the effective date of Katrinka B. McCallum's directorship (October 1, 2021).
- Confirm Ms. McCallum's qualifications as an audit committee financial expert per Regulation S-K.
- Review the attached press release (Exhibit 99.1) for details regarding the appointment of Jay Snyder.
- Note that this filing does not impact the company's financial statements or operational metrics.