Mobile Global Esports amends bylaws to set quorum at one-third of outstanding shares

Mobile Global Esports, Inc.

Board approved amendment on March 8, 2024.
New quorum is one-third (33.33%) of issued and outstanding shares entitled to vote.
Change intended to improve ability to hold stockholder meetings.

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

Mobile Global Esports, Inc.: Changed quorum for stockholder meetings to one-third (33.33%) of shares issued and outstanding and entitled to vote (effective 2024-03-08).

Change: bylaw amendment
Effective: 2024-03-08

Exact text from the filing

On March 8, 2024, the Board of Directors of Mobile Global Esports Inc. (the “Company”) approved an amendment of the Company’s Bylaws (the “Bylaws”) to change the quorum for stockholder meetings to equal one-third (33.33%) of the shares issued and outstanding and entitled to vote on the matters at the meeting.

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Mobile Global Esports, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-021442

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