Business Context and Reporting Period
This Form 8-K Current Report from Aspen Aerogels, Inc. covers the 2018 Annual Meeting of Stockholders held on June 20, 2018. The company is an emerging growth company incorporated in Delaware.
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 and voting results.
Material Changes and Voting Results
A quorum of 22,185,022 shares (92.9% of eligible shares) was present at the meeting. The following actions were taken:
- Director Elections: Rebecca A. Blalock and Robert M. Gervis were reelected as Class I Directors until the 2021 annual meeting.
- Accounting Firm Ratification: KPMG LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2018.
| Nominee / Proposal | Votes For | Votes Against / Withheld | Abstentions | Broker Non-Votes |
|---|---|---|---|---|
| Rebecca A. Blalock | 11,997,056 | 1,880,293 (Withheld) | N/A | 8,307,673 |
| Robert M. Gervis | 10,685,109 | 3,192,240 (Withheld) | N/A | 8,307,673 |
| Ratification of KPMG LLP | 22,002,769 | 181,376 (Against) | 877 | 0 |
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the total number of shares eligible to vote (23,882,253) and the high quorum percentage (92.9%).
- Note the significant number of broker non-votes (8,307,673) on director elections, which indicates brokers did not have discretionary authority to vote on these matters.
- Confirm the re-election of Class I Directors and the ratification of KPMG LLP for the 2018 fiscal year.