share_log

United States Steel | 8-K: Voting Results of Special Shareholders' Meeting

SEC ·  Apr 16 02:19

Summary by Futu AI

On April 12, 2024, United States Steel Corporation (USS) held a special meeting of stockholders to vote on proposals related to a merger with Nippon Steel North America, Inc. The meeting followed a definitive proxy statement filed on March 12, 2024, and supplemented on April 2, 2024. The merger agreement proposes that Merger Subsidiary, Inc., a wholly owned subsidiary of Nippon Steel North America, will merge with USS, with USS continuing as the surviving corporation. At the special meeting, 72.93% of outstanding USS common stock was represented, and the proposal to adopt the merger agreement was approved by stockholders. However, the proposal regarding executive compensation related to the merger did not receive approval. An adjournment proposal was approved but unnecessary due to the adoption of the merger agreement. The final voting results were disclosed for each proposal.
On April 12, 2024, United States Steel Corporation (USS) held a special meeting of stockholders to vote on proposals related to a merger with Nippon Steel North America, Inc. The meeting followed a definitive proxy statement filed on March 12, 2024, and supplemented on April 2, 2024. The merger agreement proposes that Merger Subsidiary, Inc., a wholly owned subsidiary of Nippon Steel North America, will merge with USS, with USS continuing as the surviving corporation. At the special meeting, 72.93% of outstanding USS common stock was represented, and the proposal to adopt the merger agreement was approved by stockholders. However, the proposal regarding executive compensation related to the merger did not receive approval. An adjournment proposal was approved but unnecessary due to the adoption of the merger agreement. The final voting results were disclosed for each proposal.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.