Bassett Furniture amends bylaws to set director range of 7-10, fixes board at 9

BASSETT FURNITURE INDUSTRIES INC

Board approved bylaw amendment changing director count from fixed 8 to a range of 7-10.
Board also fixed the current number of directors at nine, effective July 16, 2025.
Amendment modifies Article III, Section 2 of the company's Amended and Restated By-Laws.

Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

BASSETT FURNITURE INDUSTRIES INC: Amended Article III, Section 2 to change board size from fixed at eight to a range of seven to ten directors; currently fixed at nine directors (effective 2025-07-16).

Change: bylaw amendment
Effective: 2025-07-16

Exact text from the filing

On and effective July 16, 2025, the Board of Directors (the “Board”) of Bassett Furniture Industries, Incorporated (the “Company”) approved an amendment to the Company’s Amended and Restated By-Laws (as amended and restated, the “By-Laws”). The amendment amends a provision in Article III, Section 2 of the Company’s By-laws that had set the number of directors at eight to provide for a range in the number of Directors to serve of no fewer than seven (7) and no more than ten (10).

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Source: SEC EDGAR

accession 0001437749-25-023205

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