---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-071175"
form_type: "8-K"
ticker: "ASRT"
cik: "0001808665"
company_name: "Assertio Holdings, Inc."
filed_at: "2023-06-14T23:59:59+00:00"
generated_at: "2026-06-14T01:28:21.013354+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Board adopted amendment reducing quorum from majority to one-third of outstanding voting power.
- Amendment effective immediately on June 12, 2023.
- Change applies to all stockholder meetings for transaction of business.

## SEC filing metadata
- accession: 0001104659-23-071175
- form_type: 8-K
- ticker: ASRT
- cik: 0001808665
- company_name: Assertio Holdings, Inc.
- filed_at: 2023-06-14T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1808665/000110465923071175/0001104659-23-071175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1808665/000110465923071175/tm2318475d1_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-071175
- JSON: https://secwatch.observer/filing/0001104659-23-071175.json
- Plain text: https://secwatch.observer/filing/0001104659-23-071175.txt

## Key facts
- Governance Changes
  Assertio Holdings, Inc.: Amended quorum requirement for stockholder meetings from a majority to one-third of voting power present in person or by proxy (effective 2023-06-12).
  - Change: bylaw amendment
  - Effective: 2023-06-12
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1808665/000110465923071175/0001104659-23-071175-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.