secwatch / observer
8-K filed February 7, 2025, 6:59 PM ET CIK 0000852772
other material confidence high sentiment neutral materiality 0.35

Denny's adopts bylaw amendment enabling special meetings by 25% shareholder request

DENNY'S Corp

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

DENNY'S Corp: Amended Bylaws to allow stockholders holding at least 25% of outstanding shares to call special meetings, replacing prior provision with no such right (effective 2025-02-05).

Change
bylaw amendment
Effective
2025-02-05
Exact text from the filing
At a meeting of the Board of Directors (the “Board”) of Denny’s Corporation (the “Company”) held on February 3, 2025, the Board approved and adopted, effective as of February 5, 2025, an amendment (the “Amendment”) to the Amended and Restated Bylaws of the Company (the “Bylaws”) amending Article II, Section 8 of the Bylaws to provide that special meetings of stockholders of the Company shall be called upon the written request of the beneficial owners of at least twenty-five percent (25%) of the outstanding shares of the Company entitled to be cast on the matter or matters to be brought before the proposed special meeting who comply with the notice procedures set forth in the Bylaws.
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Source: SEC EDGAR
accession 0000852772-25-000039
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