Item 5.07 Submission of Matters to a Vote of Security Holders.
On February 9, 2023, Sumo Logic, Inc. ("Sumo Logic") announced its entry into an
Agreement and Plan of Merger, dated as of February 9, 2023 (the "Merger
Agreement"), between Serrano Parent, LLC ("Parent"), Serrano Merger Sub, Inc.
("Merger Sub") and Sumo Logic. The Merger Agreement provides for Merger Sub to
be merged with and into Sumo Logic, with Sumo Logic surviving as a wholly owned
subsidiary of Parent (the "Merger").
In connection with the Merger, Sumo Logic held a special meeting of stockholders
on May 10, 2023, at 10:00 a.m., Pacific time (the "Special Meeting").
As of April 3, 2023, the record date for the Special Meeting (the "Record
Date"), there were issued and outstanding 124,088,187 shares of Sumo Logic's
common stock, par value $0.0001 per share (the "Common Shares"), each of which
was entitled to one vote on each proposal at the Special Meeting. At the Special
Meeting, the holders of 84,575,488 Common Shares were present in person or
represented by proxy.
The following are the voting results of the proposals considered and voted on at
the Special Meeting, each of which is described in detail in Sumo Logic's
definitive proxy statement, dated April 5, 2023 as amended and supplemented by
an amendment dated May 1, 2023, filed by Sumo Logic with the Securities and
Exchange Commission (the "Proxy Statement").
FOR AGAINST ABSTAIN
Proposal 1: To adopt the Merger
Agreement and approve the Merger. 84,039,824 513,687 21,977
Proposal 2: To approve, on a
non-binding, advisory basis, the
compensation that will or may
become payable by Sumo Logic to
its named executive officers in
connection with the Merger. 80,099,063 3,501,933 974,492
Proposal 2 was approved.
In light of the approval of Proposal 1, Proposal 3 described in the Proxy
Statement (relating to the adjournment of the Special Meeting if necessary or
appropriate) was rendered moot and was not presented at the Special Meeting.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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