secwatch / observer
8-K filed November 12, 2024, 6:59 PM ET ticker NXTS CIK 0001789192
other material confidence high sentiment neutral materiality 0.35

N2OFF amends bylaws to reduce stockholder quorum requirement from majority to 33.33%

Nexentis Technologies Inc.

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

Nexentis Technologies Inc.: Reduced quorum requirement from majority to 33.33% of voting power (effective 2024-11-11).

Change
bylaw amendment
Effective
2024-11-11
Exact text from the filing
On and effective as of November 11, 2024, the board of directors of N2OFF, Inc. (the “Company”) approved and adopted amended and restated bylaws of the Company (the “Amended and Restated Bylaws”), which changed the quorum requirement set forth in Section 5 of Article I thereof, from “ A majority of the shares entitled to vote, present in person or represented by proxy, shall constitute a quorum at any meeting of stockholders ...” to now read, “the holders of not less than 33.33% of the voting power of all of the shares of the stock entitled to vote at the meeting, present in person or by proxy, shall constitute a quorum...”.
View on SEC.gov

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Nexentis Technologies Inc. filing history →

Source: SEC EDGAR
accession 0001493152-24-044427
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