Assertio lowers stockholder meeting quorum to one-third of voting power

On June 12, 2023, the board of directors of Assertio Holdings, Inc., a Delaware corporation (the “ Company ”), approved and adopted an amendment to the Company’s Amended and Restated Bylaws (the “ Bylaws ”), effective immediately, in order to amend the quorum requirement set forth in the first sentence of Article II, Section 2.6 of the Bylaws, such that, at any meeting of the stockholders of the Company, one-third of the voting power of the stock outstanding and entitled to vote at the meeting, present in person or represented by proxy, shall constitute a quorum for the transaction of business.