MONOTYPE IMAGING HOLDINGS INC. (NASDAQ:TYPE) Files An 8-K Other EventsItem 8.01.
The Board of Directors of Monotype Imaging Holdings Inc. (the “Company”) previously approved the Company’s Third Amended and Restated 2007 Stock Option and Incentive Plan (the “2007 Plan”) subject to approval by the Company’s stockholders, which amongst other things, increased the number of shares available for issuance under the 2007 Plan by 1,400,000 shares. After conversations between the Company and certain of the Company’s stockholders regarding the 2007 Plan, on April 18, 2017 the Company’s Board of Directors voted to reduce the increase in the additional number of shares available for issuance under the 2007 Plan from 1,400,000 shares to 1,320,000 shares.
The Company has filed with the Securities and Exchange Commission a Supplement (the “Supplement”) to its Proxy Statement for the 2017 Annual Meeting of Stockholders (the “Proxy Statement”) amending its description of and its proposal for the approval of the 2007 Plan previously provided to stockholders in the Proxy Statement on April 5, 2017. Stockholders of the Company are urged to read the description and the proposal for the approval of the 2007 Plan and the voting procedures provided in the Proxy Statement and the Supplement for more information.
About MONOTYPE IMAGING HOLDINGS INC. (NASDAQ:TYPE)
Monotype Imaging Holdings Inc. (Monotype) is a provider of type and technology for applications and consumer devices. The Company’s business segment operates through development, marketing and licensing of technologies and fonts. Its business includes Creative Professional and original equipment manufacturer (OEM). For Creative Professional market, it provides content across multiple devices and mediums. It offers products, such as Type, which include Monotype Libraries, Monotype, Linotype, FontFont, ITC, Ascender and Bitstream collections; e-commerce Websites; Fonts.com Web Fonts service, and font solutions. For OEM market, it offers solutions for consumer device manufacturers and independent software vendors. It offers technologies, such as screen imaging technologies, printer imaging technologies, cloud-based technology platform and font management. Its solutions are licensed through its direct sales channel, as well as its e-commerce platforms and indirect sales channels. MONOTYPE IMAGING HOLDINGS INC. (NASDAQ:TYPE) Recent Trading Information
MONOTYPE IMAGING HOLDINGS INC. (NASDAQ:TYPE) closed its last trading session up +0.30 at 20.55 with 160,200 shares trading hands.