Business Context and Reporting Period
This Form 8-K reports on the 2016 Annual Meeting of Stockholders held by pdvWireless, Inc. on August 10, 2016. The filing details the results of stockholder votes regarding the election of directors and the ratification of the independent auditor. Note: The request metadata references "Anterix Inc.," but the filing text explicitly identifies the registrant as "pdvWireless, Inc."
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 outcomes.
Material Changes and Voting Results
Meeting Attendance: Of 14,300,790 shares outstanding, 12,322,972 shares (86.17%) were represented, constituting a quorum.
Proposal 1: Election of Directors
Seven directors were elected by a plurality of votes cast. The nominees and their vote counts are as follows:
| Director | For | Withheld | Broker Non-Votes |
|---|---|---|---|
| Brian D. McAuley | 8,762,976 | 222,137 | 3,337,859 |
| Morgan E. O'Brien | 8,751,321 | 233,792 | 3,337,859 |
| John C. Pescatore | 8,942,784 | 42,329 | 3,337,859 |
| T. Clark Akers | 7,403,107 | 1,582,006 | 3,337,859 |
| Andrew Daskalakis | 7,176,696 | 1,808,417 | 3,337,859 |
| Peter G. Schiff | 7,385,792 | 1,599,321 | 3,337,859 |
| John C. Sites | 8,916,306 | 68,807 | 3,337,859 |
Proposal 2: Ratification of Auditors
Stockholders ratified the appointment of PKF O'Connor Davies as the independent registered public accounting firm for the fiscal year ending March 31, 2017.
| For | Against | Abstentions |
|---|---|---|
| 12,318,962 | 1,435 | 2,575 |
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary on financial performance, risks, contingencies, or unusual items. The document is limited to the tabulation of votes.
Key Facts for Investor Verification
- Verify the correct registrant name is pdvWireless, Inc., not Anterix Inc.
- Confirm the re-election of the seven named directors for the term ending at the 2017 Annual Meeting.
- Note the significant number of Broker Non-Votes (3,337,859) for the director elections, indicating shares held by brokers without discretionary authority or instructions.
- Verify the appointment of PKF O'Connor Davies as the auditor for the fiscal year ending March 31, 2017.