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confidence high
sentiment neutral
materiality 0.10
IT Tech Packaging amends bylaws to reduce shareholder quorum requirement to one-third
IT TECH PACKAGING, INC.
- Board approved amendment on November 1, 2021, reducing quorum from majority of outstanding shares to one-third.
- New quorum rule applies to all shareholder meetings; class voting also requires one-third of class shares.
- Exhibit 3.1 contains the full amended and restated bylaws filed with the SEC.