Filing Overview
BILL Holdings, Inc. filed this Form 8-K on December 8, 2023, reporting the results of its December 7, 2023 annual meeting of stockholders. The filing addresses stockholder votes and does not provide quarterly or annual financial results.
Annual Meeting Results
- Director elections: René Lacerte, Peter Kight, Tina Reich, and Scott Wagner were each elected to serve until the 2026 annual meeting or until a successor is elected and qualified.
- Independent auditor: Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2024, with 87,861,692 votes for, 36,222 against, and 16,130 abstentions.
- Executive compensation: Stockholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers, with 73,370,385 votes for, 7,566,787 against, 395,441 abstentions, and 6,581,431 broker non-votes.
Financial Metrics and Outlook
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, guidance, or operating forecasts.
Material Changes, Risks, and Unusual Items
The principal disclosed developments are the election of four directors, ratification of the independent auditor, and advisory approval of executive compensation. The filing does not disclose new material risks, contingencies, litigation, or other unusual items.
Investor Verification Items
- Verify the elected directors’ biographies, committee assignments, and term details in the proxy statement.
- Review the vote totals and broker non-votes for potential stockholder sentiment regarding director Peter Kight and executive compensation.
- Confirm PricewaterhouseCoopers LLP’s appointment and any subsequent auditor-related disclosures for the fiscal year ending June 30, 2024.
- Consult the Company’s periodic financial filings for current operating performance, liquidity, debt, and guidance, which are not included in this Form 8-K.