Summary by Futu AI
On May 21, 2024, SoFi Technologies, Inc. conducted its annual meeting of stockholders, where several key proposals were voted upon. The meeting's agenda included the election of eleven board members, a non-binding advisory vote on executive compensation, the ratification of Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 31, 2024, and the approval of an employee stock purchase plan (ESPP). All eleven nominees for the board were elected to serve for a one-year term. The executive compensation proposal received approval from the stockholders on a non-binding advisory basis. Deloitte & Touche LLP was ratified as the company's independent auditor, and the ESPP was approved. The voting rights were extended to holders of common and redeemable preferred stock as of March 28, 2024. The results of the votes were reported in a Form 8-K filed with the U.S. Securities and Exchange Commission, with the report signed by Chief Financial Officer Christopher Lapointe on May 23, 2024.