Item 5.07. Submission of Matters to a Vote of Security Holders.

On March 31, 2021, Collective Growth Corporation ("Collective Growth") held a special meeting of stockholders ("Meeting"), which was called to approve the proposals relating to the entry into and consummation of the Business Combination Agreement, dated as of December 10, 2020 (the "Business Combination Agreement"), by and among Collective Growth, Innoviz Technologies Ltd., a company organized under the laws of the State of Israel ("Innoviz"), Hatzata Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Innoviz ("Merger Sub"), and the other parties thereto. An aggregate of 9,645,277 shares of Collective Growth's common stock, which represents a quorum of the outstanding common stock entitled to vote as of the record date of March 4, 2021, were represented in person or by proxy at the Meeting.

Collective Growth's stockholders voted on the following proposals at the Meeting, each of which was approved:

(1) Proposal No. 1 - The Business Combination Proposal - to consider and vote upon a proposal to approve and adopt the Business Combination Agreement and the transactions contemplated therein, pursuant to which Merger Sub will merge with and into Collective Growth, with Collective Growth surviving the merger as a wholly owned subsidiary of Innoviz (the "Business Combination"). The following is a tabulation of the votes with respect to this proposal, which was approved by Collective Growth's stockholders:



    For         Against      Abstain      Broker Non-Votes
  9,621,400       16,588        7,289                 0

Prior to the Meeting, holders of an aggregate of 891,046 shares of Collective Growth's Class A common stock exercised their right to redeem their shares for cash at a redemption price of approximately $10.01 per share, or an aggregate of approximately $8.9 million.

(2) Proposal No. 2 - The Charter Proposals - separate proposals to approve the following material differences between Collective Growth's amended and restated certificate of incorporation ("SPAC Charter") and Innoviz's amended and restated articles of association ("Innoviz Articles") to be effective upon the consummation of the Business Combination:

a. The name of the new public entity will be "Innoviz Technologies Ltd." as opposed to "Collective Growth Corporation." The following is a tabulation of the votes with respect to this proposal, which was approved by Collective Growth's stockholders:





   For      Against   Abstain   Broker Non-Votes
9,624,463   13,131     7,683           0

b. The Innoviz Articles will provide for one class of ordinary shares as opposed to the two classes of Collective Growth's common stock provided for in the SPAC Charter. The following is a tabulation of the votes with respect to this proposal, which was approved by Collective Growth's stockholders:





   For      Against   Abstain   Broker Non-Votes
9,602,254   26,206    16,817           0

c. Innoviz's corporate existence is perpetual as opposed to Collective Growth's corporate existence terminating if a business combination is not consummated within a specified period of time. The following is a tabulation of the votes with respect to this proposal, which was approved by Collective Growth's stockholders:





   For      Against   Abstain   Broker Non-Votes
9,608,081   21,828    15,368           0

d. The Innoviz Articles will not include the various provisions applicable only to special purpose acquisition corporations that the SPAC Charter contains. The following is a tabulation of the votes with respect to this proposal, which was approved by Collective Growth's stockholders:





   For      Against   Abstain   Broker Non-Votes
9,603,562   21,131    20,584           0

Item 7.01 Regulation FD Disclosure.

On April 1, 2021, Collective Growth issued a press release announcing the results of the Meeting. The press release is attached hereto as Exhibit 99.1.

The information set forth under this Item 7.01 is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended ("Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended ("Securities Act") or the Exchange Act, except as expressly set forth by specific reference in such filing.

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