Biote Corp. 8-K Summary
Business context and reporting period
Biote Corp. filed a Form 8-K reporting the results of its 2023 annual meeting of stockholders held on May 17, 2023. The report was signed and filed on May 19, 2023. The filing addresses governance matters and does not report quarterly or annual financial results.
Financial metrics and liquidity
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, or other financial performance metrics.
Material changes versus the prior comparable period
- Two Class I director nominees, Andrew R. Heyer and Dana Jacoby, were elected to serve until the 2026 annual meeting and until their successors are elected and qualified.
- Stockholders did not approve the ratification of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2023.
Voting results, outlook, and risks
| Proposal | For | Against or Withheld | Other | Result |
|---|---|---|---|---|
| Election of Andrew R. Heyer | 18,040,916 | 22,383,658 withheld | 883,297 broker non-votes | Elected |
| Election of Dana Jacoby | 18,163,539 | 22,261,035 withheld | 883,297 broker non-votes | Elected |
| Ratification of Deloitte & Touche LLP | 19,843,341 | 21,464,530 | No abstentions or broker non-votes | Not approved |
The board stated that it will consider the voting results and take stockholders’ views into account in determining the independent registered public accounting firm for fiscal 2023 and future appointments. The non-ratification creates uncertainty regarding the company’s auditor selection but does not state that Deloitte & Touche LLP has resigned or been dismissed.
Important facts for investors to verify
- Confirm the board’s subsequent decision regarding the independent registered public accounting firm for fiscal 2023.
- Review the company’s definitive proxy statement filed April 14, 2023 for the full proposal details and voting requirements.
- Monitor subsequent SEC filings for any auditor change, related disclosures, or effects on financial reporting.
- The filing text does not provide financial results, guidance, or a quantified liquidity outlook.