Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Payoneer Global Inc.: Amendments to Bylaws to provide for annual election of directors, eliminate supermajority voting for stockholder amendments, and change election voting standard to majority of votes cast (effective 2025-06-16).
- Change
- bylaw amendment
- Effective
- 2025-06-16
Exact text from the filing
The Board also adopted amendments to the Bylaws (the “Bylaw Amendments”), which were contingent on the Charter Amendments and became effective on the same date. Among other things, the Bylaw Amendments (i) provide for the annual election of directors in conjunction with the declassification of the Board, (ii) eliminate the supermajority voting requirement for stockholders to amend the Bylaws, and (iii) amend the voting standard with respect to the election of directors in uncontested elections to a majority of votes cast standard.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Payoneer Global Inc.: Amendments to Charter to phase out classified board and provide for annual election of directors, and to eliminate supermajority voting requirements (effective 2025-06-16).
- Change
- charter amendment
- Effective
- 2025-06-16
Exact text from the filing
On June 16, 2025, following approval by stockholders at the reconvened Annual Meeting of Stockholders of the amendments to the Charter contemplated by Proposals 4 and 5 (the “Charter Amendments”), the Company filed a Certificate of Amendment (the “Certificate of Amendment”) to the Charter with the Secretary of State of the State of Delaware, effective upon its filing
View on SEC.gov