other material
confidence high
sentiment neutral
materiality 0.55
JAKKS Pacific terminates voting agreements and special board rights of preferred stockholders
JAKKS PACIFIC INC
- Termination of Voting Agreements dated Aug 9, 2019 with preferred stockholders, effective Aug 3, 2022.
- Special rights to nominate/elect Series A Preferred Directors and Class II Directors terminated.
- Transfer restrictions on common stock held by preferred stockholders removed.
- Certificate of Designations, By-Laws, and Nominating Committee Charter to be amended accordingly.