Blucora Stockholders Elect All Ten Incumbent Blucora Directors at 2021 Annual Meeting

Rhea-AI Summary

Blucora (NASDAQ: BCOR) announced preliminary results from its annual stockholder meeting, revealing that all ten directors were re-elected by a substantial margin. The board expressed gratitude for stockholder engagement and feedback, acknowledging that the company has made significant strides over the past year. Final results will be confirmed and reported via a Form 8-K with the SEC. Blucora operates in financial technology, offering wealth management and tax preparation services, with a combined total of $83 billion in client assets across its segments.

Positive

• All ten directors were re-elected by a significant margin, indicating strong support from stockholders.
• The management recognized stockholder engagement and feedback, reflecting a commitment to improving company performance.

Negative

• None.

DALLAS, April 21, 2021 (GLOBE NEWSWIRE) -- Blucora, Inc. (the “Company”) (NASDAQ: BCOR), a leading provider of technology-enabled, tax-focused financial solutions, today announced the preliminary results of its annual meeting of stockholders, as provided to the Company by the Company's proxy solicitor. The preliminary results indicate stockholders have re-elected all ten of the Company's directors by a wide margin.

Blucora issued the following statement:

Blucora’s Board and management team thank our stockholders for their engagement, feedback and attention to the annual meeting election. We have learned from our dialogue with our stockholders and appreciate the continued support. We know we have substantially more work to do, but we appreciate the recognition from our stockholders that Blucora is a profoundly different and stronger Company than it was just a year ago.

The results announced today are considered preliminary until final results are tabulated and certified by the independent Inspector of Elections. Final results will be reported on a Form 8-K that will be filed with the U.S. Securities and Exchange Commission, at which time they will become available on www.blucora.com/investors and www.sec.gov.

About Blucora®
Blucora, Inc. (NASDAQ: BCOR) is on the forefront of financial technology, a provider of data and technology-driven solutions that empower people to improve their financial wellness. Blucora operates in two segments including (i) wealth management, through its Avantax Wealth Management brand, with a collective $83 billion in total client assets as of December 31, 2020, and (ii) tax preparation, through its TaxAct business, a market leader in tax preparation software with approximately 3 million consumer and more than 23,000 professional users in 2020. With integrated tax-focused software and wealth management, Blucora is uniquely positioned to assist our customers in achieving better long-term outcomes via holistic, tax-advantaged solutions. For more information on Blucora, visit www.blucora.com.

Contacts

Investors:
Dee Littrell
Blucora, Inc.
(972) 870-6463
IR@blucora.com

Media:
Dan Gagnier / Jeffrey Mathews
Gagnier Communications
(646) 569-5897
Blucora@gagnierfc.com

FAQ

What were the preliminary results of Blucora's stockholder meeting on April 21, 2021?

All ten directors were re-elected by a substantial margin.

How has Blucora changed in the past year according to the recent press release?

Management stated that Blucora is a profoundly different and stronger company compared to the previous year.

When will the final results of the stockholder meeting be available?

Final results will be reported on a Form 8-K filed with the SEC after being tabulated and certified.

What segments does Blucora operate in?

Blucora operates in wealth management and tax preparation, with significant client assets and user base.