---
schema_version: "secwatch.filing_event.v1"
accession: "0000813672-23-000082"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:54:37.552518+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Cadence amends bylaws with procedural updates for director nominations and stockholder actions

## Summary
- Enhanced disclosure requirements for stockholder director nominations, including affiliate info and updates.
- Removed restrictions on stockholders' ability to take actions by written consent.
- Updated indemnification provision for successful defenses and clarified proper forum for disputes.
- Amendments align with Delaware General Corporation Law and include technical modernizing revisions.

## SEC filing metadata
- accession: 0000813672-23-000082
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813672/000081367223000082/0000813672-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000081367223000082/cdns-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813672-23-000082
- JSON: https://secwatch.observer/filing/0000813672-23-000082.json
- Plain text: https://secwatch.observer/filing/0000813672-23-000082.txt

## Key facts
- Governance Changes
  CADENCE DESIGN SYSTEMS INC: Adopted amended and restated bylaws implementing procedural and disclosure requirements for stockholder director nominations, conforming to Delaware law, removing restrictions on written consent, updating indemnification, and enhancing forum provisions (effective 2023-11-02).
  - Change: bylaw amendment
  - Effective: 2023-11-02
  source text: On November 2, 2023, the Board of Directors of Cadence Design Systems, Inc. (the “Company”) approved and adopted amended and restated bylaws (the “Amended and Restated Bylaws”), which became effective the same day.
  evidence_url: https://www.sec.gov/Archives/edgar/data/813672/000081367223000082/0000813672-23-000082-index.htm

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