Cambium Learning Group, Inc. (NASDAQ:ABCD) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
On May 23, 2018, Cambium Learning Group, Inc. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”) at which the stockholders voted upon (i) the election of David F. Bainbridge, Walter G. Bumphus, John Campbell, Clifford K. Chiu, Carolyn Getridge, Thomas Kalinske, Jeffrey T. Stevenson, and Joe Walsh as directors to the Company’s Board of Directors for one-year terms and (ii) the ratification of Whitley Penn LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2018.
The Company had 47,073,166 shares of common stock outstanding at March 26, 2018, the record date for the Annual Meeting. At the Annual Meeting, holders of a total of 45,275,328 shares of common stock were present in person or represented by proxy. The following sets forth information regarding the results of the voting at the Annual Meeting:
Proposal 1: The shareholders voted to elect the following individuals as directors to the Company’s Board of Directors for a one-year term with the votes shown:
|
For |
Withheld |
Broker Non-Vote |
|
|
David F. Bainbridge |
36,171,788 |
4,666,340 |
4,437,200 |
|
Walter G. Bumphus |
36,076,680 |
4,761,448 |
4,437,200 |
|
John Campbell |
36,558,395 |
4,279,733 |
4,437,200 |
|
Clifford K. Chiu |
36,075,785 |
4,762,343 |
4,437,200 |
|
Carolyn Getridge |
35,146,976 |
5,691,152 |
4,437,200 |
|
Thomas Kalinske |
37,154,085 |
3,684,043 |
4,437,200 |
|
Jeffrey T. Stevenson |
36,168,860 |
4,669,268 |
4,437,200 |
|
Joe Walsh |
36,396,389 |
4,441,739 |
4,437,200 |
Proposal 2: A proposal to ratify Whitley Penn LLP as the Company’s independent registered accounting firm for the fiscal year ending December 31, 2018 was adopted with the votes shown:
|
For |
Against |
Abstain |
|
45,248,431 |
9,002 |
17,895 |
About Cambium Learning Group, Inc. (NASDAQ:ABCD)
Cambium Learning Group, Inc. is an educational solutions and services company. The Company’s product lines include Learning A-Z (www.learninga-z.com), ExploreLearning (www.explorelearning.com), Voyager Sopris Learning (www.voyagersopris.com) and Kurzweil Education (www.kurzweiledu.com). It operates through three segments: Learning A-Z, Voyager Sopris Learning and ExploreLearning. The product lines provide technology solutions for online learning and professional support; intervention and supplemental instructional materials; professional development and school-improvement services; valid assessments, and materials. Learning A-Z is a preK-6 educational technology provider of digitally delivered resources and tools that support instruction and student growth in reading, writing, and science. Voyager Sopris Learning segment includes its Voyager Sopris Learning and Kurzweil Education brands. ExploreLearning develops online solutions to improve student learning in math and science.
