Item 1.01. Entry into a Material Definitive Agreement.

On June 18, 2020, Spok Holdings, Inc., a Delaware corporation (the "Company"), entered into a cooperation agreement (the "Cooperation Agreement") with White Hat Strategic Partners LP, a Delaware limited partnership, White Hat SP GP LLC, a Delaware limited liability company, White Hat Capital Partners LP, a Delaware limited partnership, and White Hat Capital Partners GP LLC, a Delaware limited liability company (collectively, "White Hat") regarding the composition of the Company's Board of Directors (the "Board") and certain other matters.

The Cooperation Agreement provides, among other things, that:



•      Concurrently with the execution of the Cooperation Agreement, the Board
       will increase the size of the Board by one and elect Brett Shockley to the
       Board to fill the resulting vacancy and also appoint Mr. Shockley to the
       Nominating and Governance Committee of the Board (the "Nominating
       Committee").



•      The Nominating Committee and the Board agree to nominate Mr. Shockley for
       election to the Board at the Company's 2020 Annual Meeting of Stockholders
       (the "2020 Annual Meeting"), and to recommend and support his election in
       the same manner as the other candidates nominated by the Board, subject to
       exceptions for fiduciary duties.



•      White Hat agrees to irrevocably withdraw the nomination letter it
       previously sent to the Company regarding their nomination of three
       directors for election to the Board at the 2020 Annual Meeting (the
       "Nominations").



•      The Company agrees to reimburse White Hat for up to $55,000 of its
       out-of-pocket expenses incurred in connection with its engagement with the
       Company, the Nominations and the negotiation of the Cooperation Agreement.



•      White Hat agrees to vote all of the shares of the Company's common stock
       beneficially owned by White Hat on the record date for the 2020 Annual
       Meeting (i) in favor of all persons nominated by the Board to serve as
       directors of the Company and against any stockholder nominated candidate
       not endorsed by the Board and (ii) in accordance with the Board's
       recommendation on other proposals, subject to certain exceptions.



•      White Hat agrees, through the date that is 30 days prior to expiration of
       the advance notice period for the submission by stockholders of director
       nominations for consideration at the Company's 2021 Annual Meeting of
       Stockholders, not to, directly or indirectly, in any manner, alone or in
       concert with others, (i) attempt to call a special meeting of stockholders
       of the Company or (ii) make a request for any stockholder list or other
       Company books and records.

The foregoing summary of the Cooperation Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Cooperation Agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 18, 2020, in connection with the Company's entry into the Cooperation Agreement, the Board increased its size from ten to eleven directors and elected Brett Shockley to the Board. The Board also appointed Mr. Shockley to the Nominating Committee. Mr. Shockley will receive the same compensation for his service as the Company's other independent directors.

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As previously disclosed, Samme Thompson, a current Board member, is not standing for re-election at the 2020 Annual Meeting. Accordingly, the Board size will decrease to ten directors at the conclusion of the 2020 Annual Meeting.

Item 7.01. Regulation FD Disclosure.

A copy of the Company's press release announcing the election of Mr. Shockley is attached hereto as Exhibit 99.1.

The information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits:


Exhibit
  No.     Description
 10.1       Cooperation Agreement, dated as of June 18, 2020, by and among Spok
          Holdings, Inc., White Hat Strategic Partners LP, White Hat SP GP LLC,
          White Hat Capital Partners LP, and White Hat Capital Partners GP LLC
 99.1       Spok Holdings, Inc. Press Release dated June 18, 2020

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