UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________________
FORM 8-K
__________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 8, 2021
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MercadoLibre, Inc.
(Exact Name of Registrant as Specified in its Charter)
| Delaware | 001-33647 | 98-0212790 |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |
| Pasaje Posta 4789, 6th Floor, Buenos Aires, Argentina C1430EKG |
| (Address of Principal Executive Offices) (Zip Code) |
(+5411) 4640-8000
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| | | |
| ☐ | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12) |
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| ☐ | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| ☐ | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of Class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $0.001 par value per share | MELI | Nasdaq Global Select Market |
| 2.375% Sustainability Notes due 2026 | MELI26 | The Nasdaq Stock Market LLC |
| 3.125% Notes due 2031 | MELI31 | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
The Annual Meeting of Stockholders (the “Annual Meeting”) of MercadoLibre, Inc. (the “Company”) was held on June 8, 2021 for the following purposes:
| · | to elect the two Class II directors nominated and recommended by the Company’s board of directors, each to serve until the 2024 Annual Meeting of Stockholders or until such time as their respective successors are elected and qualified; |
| · | to approve, on an advisory basis, the compensation of the Company’s named executive officers for fiscal year 2020; and |
| · | to ratify the appointment of Deloitte & Co. S.A. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021. |
The number of issued and outstanding shares of the Company’s common stock entitled to vote as of April 12, 2021, the record date for the Annual Meeting, was 49,852,319 shares. 41,771,684 shares of common stock were represented either in person or by means of remote communication or by proxy at the Annual Meeting, which were sufficient to constitute a quorum for the purpose of transacting business at the Annual Meeting.
At the Annual Meeting, the stockholders elected all two Class II director nominees, approved (on an advisory basis) the Company’s executive compensation for fiscal year 2020 and ratified the appointment of Deloitte & Co. S.A. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021. The final voting results for each of the matters submitted to a vote of stockholders at the Annual Meeting are set forth below.
Proposal One — Election of two Class II Directors:
Nominee for Director | For | Withheld | |
| Nicolás Galperin | 35,170,777 | 3,145,661 | |
| Henrique Dubugras | 38,094,605 | 221,833 | |
In addition, there were 3,455,246 broker non-votes associated with the election of directors.
Proposal Two — Advisory Vote on the Compensation of our Named Executive Officers:
For | Against | Abstain | Broker Non-Votes |
| 36,066,199 | 2,157,747 | 92,492 | 3,455,246 |
Proposal Three — Ratification of Appointment of Independent Registered Public Accounting Firm:
For | Against | Abstain | Broker Non-Votes |
| 41,341,614 | 390,278 | 39,792 | * |
| * | No broker non-votes arose in connection with Proposal Three. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | MercadoLibre, Inc. |
| | | |
Dated: June 9, 2021 | By: | /s/ Pedro Arnt |
| | Name: | Pedro Arnt |
| | Title: | Chief Financial Officer |
