other
confidence high
sentiment neutral
materiality 0.15
Snap amends certificate to update officer exculpation/indemnification under DGCL
Snap Inc
- Board approved and holders of 231,626,943 Class C shares (>99% voting power) consented in writing.
- Amendment effective August 26, 2022, updates officer exculpation and indemnification provisions.
- Change aligns with recent amendments to Delaware General Corporation Law.
- No financial or operational changes; routine corporate governance update.