iHeartMedia amends bylaws to align with SEC universal proxy rules and update disclosure requirements

iHeartMedia, Inc.

Board adopted Fourth Amended and Restated Bylaws effective Nov 16, 2023.
Bylaws now require compliance with SEC Rule 14a-19 for proxy solicitations supporting non-Board nominees.
Updated stockholder nomination and proposal disclosure requirements, including derivative interests and third-party agreements.
Prohibits stockholders from submitting more director nominees than seats up for election.
Requires soliciting stockholders to use a proxy card color other than white.

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

iHeartMedia, Inc.: Amended and restated bylaws to adopt universal proxy rules, update disclosure requirements for stockholder nominations, limit nominee submissions, and require white proxy cards for stockholder solicitations (effective 2023-11-16).

Change: bylaw amendment
Effective: 2023-11-16

Exact text from the filing

On November 16, 2023, the Board of Directors (the “ Board ”) of iHeartMedia, Inc., a Delaware corporation (the “ Company ”) approved and adopted the Company’s Fourth Amended and Restated Bylaws (the “ Fourth Amended and Restated Bylaws ”), which became effective the same day.

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iHeartMedia, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-282243

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