other
confidence high
sentiment neutral
materiality 0.10
KORU Medical amends bylaws to give shareholders exclusive director-removal authority
KORU Medical Systems, Inc.
- Board unanimously adopted Amendment No. 1 to Section 3.05 of Amended and Restated By-laws effective August 13, 2026.
- Amendment vests director removal exclusively in affirmative vote of shareholders holding a majority of outstanding shares, per Delaware law.
- Board states it has not voted, and has no intention or agreement, to remove any director.
- Amendment filed as Exhibit 3.1; no financial or operational impact disclosed.