Avid Bioservices, Inc.
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 09/15/2020   Download
SEC Document
SEC Filing

Effective September 11, 2020, the Board of Directors (the “Board”) of Avid Bioservices, Inc. (the “Company”) amended and restated the Company’s Amended and Restated Bylaws (as so amended and restated, the “Amended and Restated Bylaws”). The Amended and Restated Bylaws reflect modifications to Sections 1, 4 and 8 of Article II to expressly allow for virtual meetings of the Company’s stockholders by means of remote communication and make corresponding procedural changes related thereto. In accordance with the Amended and Restated Bylaws and Section 211(a) of the Delaware General Corporation Law, the Board may elect to hold any or all future meetings of the Company’s stockholders, including the Company’s 2020 Annual Meeting of Stockholders (the “2020 Annual Meeting”), virtually by remote communication.