---
schema_version: "secwatch.filing_event.v1"
accession: "0000056978-23-000145"
form_type: "8-K"
ticker: "KLIC"
cik: "0000056978"
company_name: "KULICKE & SOFFA INDUSTRIES INC"
filed_at: "2023-10-13T23:59:59+00:00"
generated_at: "2026-06-10T00:18:43.682832+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Kulicke & Soffa amends bylaws to adopt universal proxy rules, virtual meetings, and exclusive forum

## Summary
- Board approved amended bylaws effective Oct 12, 2023; includes virtual meeting authority and universal proxy rule compliance.
- Requires shareholder nominees to represent intent to solicit proxies for at least 67% voting power, comply with Universal Proxy Rules, use non-white cards.
- Designates Pennsylvania Court of Common Pleas as exclusive forum for internal corporate claims and federal district courts for Securities Act claims.
- No retroactive elimination of director indemnification rights upon bylaw amendment.
- Other ministerial updates and proxy access clarification.

## SEC filing metadata
- accession: 0000056978-23-000145
- form_type: 8-K
- ticker: KLIC
- cik: 0000056978
- company_name: KULICKE & SOFFA INDUSTRIES INC
- filed_at: 2023-10-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56978/000005697823000145/0000056978-23-000145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56978/000005697823000145/klic-20231012.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000056978-23-000145
- JSON: https://secwatch.observer/filing/0000056978-23-000145.json
- Plain text: https://secwatch.observer/filing/0000056978-23-000145.txt

## Key facts
- Governance Changes
  KULICKE & SOFFA INDUSTRIES INC: Amended and restated bylaws effective October 12, 2023, including updates for virtual meetings, universal proxy rules, exclusive forum provisions, and other clarifying changes (effective 2023-10-12).
  - Change: bylaw amendment
  - Effective: 2023-10-12
  source text: On October 12, 2023, the Board of Directors (the “Board”) of Kulicke and Soffa Industries, Inc. (the “Company”) approved and adopted the amendment and restatement of the Company’s by-laws (as so amended and restated, the “Amended and Restated By-Laws”), which became effective as of such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/56978/000005697823000145/0000056978-23-000145-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
