Knowles Corp Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Knowles Corporation on June 6, 2019, regarding corporate governance actions taken at the Annual Meeting of Stockholders held on May 31, 2019. The filing documents the formal implementation of amendments to the Company's charter.
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 amendments and does not contain financial performance data.
Material Changes
At the Annual Meeting, stockholders approved two amendments to the Amended and Restated Certificate of Incorporation:
- Elimination of the supermajority shareholder vote requirement to amend certain provisions of the Company's charter.
- Elimination of the supermajority shareholder vote requirement to amend the Company's By-Laws.
On June 6, 2019, the Company filed a Certificate of Amendment with the Secretary of State of Delaware, making these changes effective immediately.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document serves solely to disclose the completion of the charter amendments previously described in the definitive proxy statement filed on April 15, 2019.
Key Facts for Investor Verification
- Verify the effective date of the charter amendments (June 6, 2019).
- Confirm the removal of supermajority voting thresholds for future charter and bylaw amendments.
- Review Exhibit 3.1 (Certificate of Amendment) for the full legal text of the changes.
- Note that this filing does not impact the Company's financial statements or operational metrics.