other material
confidence high
sentiment neutral
materiality 0.30
Bridgeline Digital cuts stockholder meeting quorum from majority to 35%
Bridgeline Digital, Inc.
- Board approved amendment to Article I, Section 6 of Amended and Restated Bylaws on September 9, 2021.
- Quorum reduced from majority to 35% of outstanding shares entitled to vote, effective immediately.
- The change applies to all future stockholder meetings and is intended to facilitate meeting conduct.