Reservoir Media, Inc. (RSVR) - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held on August 8, 2024. The Company is an emerging growth company incorporated in Delaware. As of the record date of June 13, 2024, there were 65,036,255 shares of common stock outstanding entitled to vote.
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 voting results.
Material Changes and Voting Results
Shareholders voted on two primary proposals:
- Proposal I: Election of Class III Directors
- Shareholders approved the election of three directors for a three-year term expiring in 2027.
- Ezra S. Field: 53,238,810 votes For; 6,657,585 votes Withheld.
- Golnar Khosrowshahi: 53,425,469 votes For; 6,470,926 votes Withheld.
- Ryan P. Taylor: 53,352,347 votes For; 6,544,048 votes Withheld.
- Broker Non-Votes totaled 1,313,995 for all nominees.
- Proposal II: Ratification of Independent Auditor
- Shareholders ratified the appointment of Deloitte & Touche LLP for the fiscal year ending March 31, 2025.
- Votes For: 61,206,446
- Votes Against: 3,899
- Abstain: 45
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to the disclosure of voting outcomes.
Key Facts for Investor Verification
- Confirmation of the three-year term for the newly elected Class III Directors.
- Verification of the low opposition to the auditor ratification (only 3,899 votes against).
- Review of the proxy statement filed on June 25, 2024, for detailed biographies of the elected directors.
- Confirmation that the Company maintains its status as an emerging growth company.