Item 5.07. Submission of Matters to a Vote of Security Holders.
On April 26, 2021, Glu Mobile Inc. (the "Company") held a virtual special
meeting of stockholders (the "Special Meeting") exclusively online via live
webcast. Holders of the Company's Common Stock were entitled to one vote for
each share held as of the close of business on March 24, 2021 (the "Record
Date"). Present at the Special Meeting or represented by proxy were holders of
122,005,585 shares of Common Stock, or more than 69% of the eligible votes as of
the Record Date, constituting a quorum.
At the Special Meeting, the stockholders of the Company voted on the following
proposals: (1) to adopt the Agreement and Plan of Merger (as it may be amended
from time to time, the "Merger Agreement"), dated as of February 8, 2021, by and
among the Company, Electronic Arts Inc. ("Electronic Arts"), a Delaware
corporation, and Giants Acquisition Sub, Inc. ("Merger Sub"), a Delaware
corporation and wholly owned subsidiary of Electronic Arts (such proposal,
"Proposal 1"); (2) to approve, on a non-binding advisory basis, the compensation
that may be paid or become payable to the Company's named executive officers
that is based on or otherwise relates to the merger (such proposal, "Proposal
2"); and (3) to approve the adjournment of the Special Meeting to a later date
or dates, if the Company's board of directors determines that it is necessary or
appropriate and is permitted by the Merger Agreement, to (i) solicit additional
proxies if (a) there is not a quorum present or represented by proxy or (b)
there are insufficient votes to adopt the Merger Agreement, in each case, at the
time of the Special Meeting, (ii) give stockholders additional time to evaluate
any supplemental or amended disclosure or (iii) otherwise comply with applicable
law (such proposal, "Proposal 3"). Each of these proposals is described in more
detail in the Company's definitive proxy statement filed with the Securities and
Exchange Commission on March 25, 2021. The voting results for each of the
proposals are detailed below:
Proposal 1. The Company's stockholders approved Proposal 1. The voting results
were as follows:
Votes For Votes Against Abstentions
121,421,633 287,821 296,131
Proposal 2. The Company's stockholders approved Proposal 2. The voting results
were as follows:
Votes For Votes Against Abstentions
117,595,587 3,730,790 679,208
Proposal 3. There being a quorum present and sufficient votes in favor of
Proposal 1, the stockholders were not asked to vote with respect to Proposal 3.
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