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confidence high
sentiment neutral
materiality 0.40
Blackboxstocks adopts amended bylaws; removes stockholder special meeting rights, updates director removal threshold
REALLOYS INC.
- Stockholders can no longer call special meetings; proxy-access procedures added for proposals and director nominations.
- Director removal threshold changed from two-thirds to majority of voting power.
- Board size set at 3-9 directors; number can be changed only by board resolution.
- Remote participation allowed for both stockholder and board meetings.
- Shares to be uncertificated; board must elect CEO, CFO, Secretary, Treasurer annually.