FuelCell Energy amends bylaws, reduces stockholder quorum to 40% from majority

FUELCELL ENERGY INC

Quorum requirement lowered from majority to 40% voting power for stockholder meetings.
Bylaws updated to comply with SEC universal proxy rules (Rule 14a-19).
Provisions aligned with recent Delaware General Corporation Law amendments on adjournment, stockholder lists, and electronic notice.
Meetings of stockholders and board may now be held via remote communication.
References to 'chairman' changed to 'chair' throughout bylaws.

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

FUELCELL ENERGY INC: Amended and restated the bylaws to align with universal proxy rules, reduce quorum requirement, update meeting procedures, and make other minor changes (effective 2023-07-17).

Change: bylaw amendment
Effective: 2023-07-17

Exact text from the filing

On July 17, 2023, the Board of Directors (the “Board”) of FuelCell Energy, Inc. (the “Company”) approved the amendment and restatement of the Amended and Restated By-laws of the Company (as so amended and restated, the “Second Amended and Restated By-laws”), effective immediately

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Source: SEC EDGAR

accession 0001558370-23-011936

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