Connexa Sports lowers shareholder quorum requirement from majority to 33.3%

AIRWA INC.

Board approved amendment reducing quorum for shareholder meetings from a majority to 33 1/3% of outstanding voting shares.
Amendment effective October 12, 2023, and reflected in Article I, Section 6 of the Amended and Restated Bylaws.
The change applies to any transaction of business at shareholder meetings.

item 5.03 item 9.01

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

AIRWA INC.: Reduced quorum requirement for shareholder meetings from majority to 33 1/3% (effective 2023-10-12).

Change: bylaw amendment
Effective: 2023-10-12

Exact text from the filing

On October 12, 2023, the Board of Directors of Connexa Sports Technologies Inc. (the “Company”) approved an amendment to the Bylaws of the Company to reduce the percentage of shares of stock, issued and outstanding and entitled to vote, to be present in person or represented by proxy in order to constitute a quorum for the transaction of any business from a majority to thirty three and one third percent (33 1/3%).

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Source: SEC EDGAR

accession 0001493152-23-037285

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