Holley adopts amended bylaws with enhanced stockholder nomination procedures and universal proxy rule compliance

Holley Inc.

Enhanced procedural mechanics for stockholder nominations, including disclosure of solicitation intent and compliance with SEC Universal Proxy Rule.
Requires stockholders soliciting proxies to use a non-white proxy card; white card reserved for exclusive use by the Board.
Added a severability clause and updated stockholder list provisions to reflect recent Delaware General Corporation Law amendments.
Includes technical, ministerial, and conforming updates to existing bylaw provisions.

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

Holley Inc.: Adopted amended and restated bylaws to enhance procedural mechanics for stockholder nominations and proposals, modify stockholder list provisions, require proxy card color distinction, and add severability clause (effective 2023-08-08).

Change: bylaw amendment
Effective: 2023-08-08

Exact text from the filing

On August 8, 2023, the Board of Directors (the “Board”) of the Company adopted and approved amended and restated by-laws (the “Amended and Restated By-Laws”), effective concurrently with such adoption.

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Holley Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-022802

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