other
confidence high
sentiment neutral
materiality 0.30
Starco Brands amends bylaws, eliminates cumulative voting, reduces consent threshold to majority
Starco Brands, Inc.
- Board size set at 1-7 directors; election of directors changed from cumulative to plurality voting.
- Threshold for stockholder action by written consent reduced to a majority of shares.
- Updated meeting procedures, indemnification provisions, and officer duties.