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8-K filed April 26, 2024, 7:59 PM ET ticker NVAX CIK 0001000694
other confidence high sentiment neutral materiality 0.30

Novavax reduces stockholder meeting quorum from majority to one-third

NOVAVAX INC

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 0.9

NOVAVAX INC: Reduced quorum requirement for stockholder meetings from a majority to one-third (33 1/3%) of shares entitled to vote (effective 2024-04-22).

Change
bylaw amendment
Effective
2024-04-22
Exact text from the filing
Effective April 22, 2024, the Board of Directors of Novavax, Inc. (the “Company”) adopted the Amended and Restated By-Laws of Novavax, Inc. (the “Amended and Restated By-Laws”), which reduced the quorum required for the transaction of business at stockholder meetings from the holders of a majority of the shares of the Company’s common stock, par value $0.01 per share (“Common Stock”), issued and outstanding and entitled to vote at a meeting to holders of one-third (33 1/3%) of the shares of Common Stock issued and outstanding and entitled to vote at such meeting (the “Quorum Requirement”).
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Source: SEC EDGAR
accession 0001000694-24-000013
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