other
confidence high
sentiment neutral
materiality 0.25
Celldex amends bylaws to implement proxy access for shareholders
Celldex Therapeutics, Inc.
- Board approved proxy access on Jan 25, 2022, adding Article III Section 13 to bylaws.
- Stockholders or group owning at least 3% of stock continuously for 3 years may nominate directors.
- Maximum nominees is greater of 2 individuals or 20% of board, subject to requirements.
- Proxy access will first apply for the 2023 annual meeting of shareholders.
- Full amendment text filed as Exhibit 3.1 to this 8-K.