SEC Filing Summary: Altice USA, Inc. (Form 8-K)
Business Context and Reporting Period
This Form 8-K Current Report, dated June 15, 2023, covers events occurring on June 14, 2023. The registrant is Altice USA, Inc., a Delaware corporation. The filing reports on the results of the Company's 2023 Annual Meeting of Stockholders. Note: The input metadata references "Optimum Communications, Inc.," but the filing text explicitly identifies the registrant as Altice USA, Inc.
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 results.
Material Changes and Voting Results
The primary material event reported is the conclusion of the 2023 Annual Meeting. Stockholders voted on two proposals:
- Proposal 1: Election of Directors. Nine directors were elected to one-year terms. All nominees received a majority of votes cast. Notable "Against" votes included Charles Stewart (113,688,559) and Raymond Svider (111,069,619). Class A stockholders hold one vote per share, while Class B stockholders hold twenty-five votes per share.
- Proposal 2: Ratification of Auditors. Stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the 2023 fiscal year. The proposal passed with 4,784,317,717 votes "For" and 6,617,982 votes "Against."
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document is limited to the disclosure of voting results.
Key Facts for Investor Verification
- Verify the registrant name is Altice USA, Inc., not Optimum Communications, Inc., as indicated in the filing header.
- Confirm the significant disparity in voting power between Class A (1 vote/share) and Class B (25 votes/share) stockholders.
- Note the specific number of "Against" votes for directors Charles Stewart and Raymond Svider, which were higher than other nominees.
- Confirm that KPMG LLP was successfully ratified as the independent auditor for the 2023 fiscal year.