ARC Document Solutions amends bylaws for DGCL and universal proxy rules; declares $0.05 quarterly dividend

ARC DOCUMENT SOLUTIONS, INC.

Board amended bylaws to comply with updated DGCL and SEC universal proxy rules; effective Dec 6, 2023.
New director nomination rules require additional disclosures, use of non-white proxy cards, and compliance with Rule 14a-19.
Added exclusive forum clause: federal courts for Securities Act claims, Delaware Chancery for others.
Quarterly dividend of $0.05 per share declared, payable Feb 29, 2024 to holders of record Jan 31, 2024.

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

ARC DOCUMENT SOLUTIONS, INC.: Amended and restated bylaws to address changes to DGCL and SEC universal proxy rules, updating procedures for stockholder meetings, director nominations, proxy solicitation, and adding an exclusive forum clause (effective 2023-12-06).

Change: bylaw amendment
Effective: 2023-12-06

Exact text from the filing

On December 6, 2023, the Board of Directors (the “Board”) of ARC Document Solutions, Inc. (the “Company”) approved an amendment and restatement of the Company’s Second Amended and Restated Bylaws (as so amended and restated, the “Third Amended and Restated Bylaws”), effective immediately.

View on SEC.gov

Browse all governance changes →

Source: SEC EDGAR

accession 0001305168-23-000103

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.