On October 31, 2024, the Board of Directors (the “Board”) of the Company approved the amendment and restatement of the Bylaws of the Company (the “Amended and Restated Bylaws”). The Amended and Restated Bylaws are effective as of October 31, 2024.
The principal revisions in the Amended and Restated Bylaws include (i) additional disclosure and procedural requirements for shareholders to submit director nominations and shareholder proposals to, among other things, align such provisions with recent developments in Delaware law, (ii) a clarification related to waiver of notice by shareholders and (iii) the addition of a severability provision. The Amended and Restated Bylaws also incorporate certain ministerial, clarifying and conforming changes.
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