PaxMedica reduces stockholder meeting quorum requirement to 33.4%

PaxMedica, Inc.

Board of Directors amended Section 1.6 of bylaws on March 21, 2024.
Quorum requirement for stockholder meetings lowered to 33.4% of shares.
Amendment effective immediately upon adoption by Board.
First Amendment to Amended and Restated Bylaws filed as Exhibit 3.1.

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

PaxMedica, Inc.: Amended Section 1.6 of Article I to reduce the stockholder meeting quorum requirement to 33.4% (effective 2024-03-21).

Change: bylaw amendment
Effective: 2024-03-21

Exact text from the filing

On March 21, 2024, the Board of Directors of PaxMedica, Inc. amended Section 1.6 of Article I of PaxMedica, Inc.’s Amended and Restated Bylaws to reduce the quorum requirement for any meeting of stockholders to 33.4%.

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Source: SEC EDGAR

accession 0001104659-24-037852

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