secwatch.observer — SEC 8-K summary
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Issuer:     Sanara MedTech Inc. (SMTI)
CIK:        0000714256
Form:       8-K
Filed at:   2024-03-22T23:59:59+00:00
Accession:  0001493152-24-010985
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sanara MedTech amends bylaws; special meeting threshold raised to 25%, adds advance notice rules
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- Shareholders now need 25% of outstanding shares to call a special meeting (was 10%).
- New advance notice requirements for proposals/director nominations: 90–120 days before annual meeting anniversary.
- Director removal now requires majority of all shares entitled to vote (vs. majority of shares present).
- Chairman of the Board can now call special meetings; record date range extended to max 60 days.
- Exclusive forum provision added for derivative claims (Texas or federal court).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714256/000149315224010985/0001493152-24-010985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714256/000149315224010985/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-010985

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