Business Context and Reporting Period
Company: Fox Factory Holding Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: June 19, 2017
Event Date: June 15, 2017
Context: The filing addresses a corporate governance matter regarding the Company's compliance with Nasdaq listing requirements.
Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The document is limited to a notification of a corporate event.
Material Changes
Board Composition: The Company appointed Ms. Elizabeth A. Fetter to its board of directors.
Listing Status: As a result of this appointment, the Company regained compliance with Nasdaq Global Select Market listing rule 5605(b)(1), which mandates that the majority of the board be composed of independent directors. The matter regarding this non-compliance is now closed.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies beyond the resolution of the specific listing compliance issue.
Key Facts for Investor Verification
- Confirm the current composition of the Board of Directors to verify the majority independent director status.
- Verify the Company's continued good standing on the Nasdaq Global Select Market.
- Note that this filing is a compliance update and does not reflect operational or financial performance.