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HERZLIYA, Israel, September 04, 2024--(BUSINESS WIRE)--Cognyte Software Ltd. (NASDAQ: CGNT) (the "Company" or "Cognyte"), a global leader in investigative analytics software, today announced the vote results of the Company’s Fiscal Year 2025 Annual Meeting of Shareholders (the "Annual Meeting"). At the Annual Meeting, shareholders reelected both the Company’s nominees, Chairman Earl Shanks and CEO Elad Sharon, to the Cognyte Board of Directors (the "Board"). Both nominees received support from a significant majority of the shares voted at the Annual Meeting. Shareholders also supported the proposal to approve the amendments to Cognyte’s CEO compensation plan.
Cognyte issued the following statement:
We want to thank our shareholders for their engagement and attention to this Annual Meeting. We appreciate the time shareholders took to understand the issues and cast informed votes, and we learned a lot from their feedback and perspectives. We look forward to continuing our constructive engagement with shareholders as we work diligently on their behalf.
We know that we have more work to do, and we are committed to taking further steps over the coming months to augment the composition of our Board and provide additional disclosures. We are confident that these actions will support our continued progress and momentum and help drive sustainable, profitable growth and value for shareholders.
As a first step towards enhancing disclosures, the Company will report the results of the Fiscal Year 2025 Annual Meeting, as well as the Annual Meetings for the 2024 and 2023 fiscal years, on a Form 6-K that will be filed with the U.S. Securities and Exchange Commission. These results will be available on www.cognyte.com/investors and www.sec.gov.
Advisors
Spotlight Advisors is serving as financial advisor, Paul Hastings LLP and Meitar are serving as legal advisors, Saratoga Proxy Consulting, LLC is serving as proxy advisor and FNK IR is serving as communications advisor to Cognyte Software.
About Cognyte Software Ltd.
Cognyte Software Ltd. is a global leader in investigative analytics software that empowers a variety of government and other organizations with Actionable Intelligence for a Safer World™. Our open interface software is designed to help customers accelerate and improve the effectiveness of investigations and decision-making. Hundreds of customers rely on our solutions to accelerate and conduct investigations and derive insights, with which they identify, neutralize, and tackle threats to national security and address different forms of criminal and terror activities. Learn more at www.cognyte.com.