Freight Technologies reduces shareholder meeting quorum from 50% to one-third

Freight Technologies, Inc.

Shareholders approved quorum reduction at Dec 13, 2024 annual meeting; filed Jan 24, 2025.
Amended M&A reduces quorum from 50% to one-third of ordinary shares entitled to vote.
Changes to quorum could facilitate easier shareholder meeting approval.
No other amendments or fiscal year change were reported.

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

Freight Technologies, Inc.: Reduced quorum for shareholder meetings from 50% to one-third of votes entitled to vote (effective 2025-01-24).

Change: charter amendment
Effective: 2025-01-24

Exact text from the filing

The shareholders approved the proposed amendment to the Amended and Restated Memorandum and Articles of Association (the “M&A”) to reduce the quorum for a shareholder meeting from not less than 50% of the votes of the ordinary shares entitled to vote to one-third of the votes of the ordinary shares entitled to vote.

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Freight Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-004281

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