XWELL amends bylaws to lower stockholder vote threshold to majority of votes cast (excluding abstentions)

XWELL, Inc.

Board approved First Amendment to Third Amended and Restated Bylaws on July 24, 2025, effective same date.
For matters other than director elections, vote threshold changed from majority of voting power of shares present to majority of votes cast (excluding abstentions and broker non-votes).
Similar change applies to class votes where separate vote is required.
Directors continue to be elected by plurality of votes cast; no change to director election standard.

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

XWELL, Inc.: Lowered stockholder vote requirement for matters other than director elections from majority of voting power of shares present to majority of votes cast (excluding abstentions and broker non-votes), with corresponding change for class votes (effective 2025-07-24).

Change: bylaw amendment
Effective: 2025-07-24

Exact text from the filing

On July 24, 2025, the board of directors of XWELL, Inc. (the “ Company ”) approved the first amendment (the “ First Amendment ”) to the Third Amended and Restated Bylaws of the Company (the “ Bylaws ”), effective as of the same date.

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Source: SEC EDGAR

accession 0001104659-25-070824

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