Amended bylaws lower voting threshold to majority of votes cast, add universal proxy rules, board size cap

Agassi Sports Entertainment Corp.

Voting approval standard changed to 'votes cast in favor exceed votes cast in opposition' per Nevada law, lowering threshold from majority of shares.
Bylaws updated to comply with SEC universal proxy rules for shareholder nominations.
Board size limited to between 1 and 15 directors (previously unlimited).
Only CEO, Board, or Chairman may call special shareholder meetings (previously silent).
Company may issue uncertificated shares; expands officer roles; enhances indemnification.

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

Agassi Sports Entertainment Corp.: Adopted amended and restated bylaws with numerous changes including uncertificated shares, voting requirements, officer roles, shareholder nomination procedures, special meeting calling rights, quorum rules, written consent procedures, electronic meeting authorization, director count limits, lead in (effective 2025-01-07).

Change: bylaw amendment
Effective: 2025-01-07

Exact text from the filing

On January 7, 2025, the board of directors (the “ Board ”) of Global Acquisitions Corp. (the “ Company ”) adopted amended and restated bylaws of the Company (as amended and restated, the “ Amended and Restated Bylaws ”).

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Agassi Sports Entertainment Corp. filing history →

Source: SEC EDGAR

accession 0001472375-25-000003

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