Sila Realty Trust adopts amended bylaws with remote meeting, advance notice, and exclusive forum provisions

Sila Realty Trust, Inc.

Board approved Second Amended and Restated Bylaws effective June 15, 2023.
Stockholder special meetings can be requested by majority of votes entitled to be cast.
Advance notice rules require 67% voting power solicitation under Rule 14a-19 for director nominations.
Uncontested director elections now require majority of votes cast; contested elections use plurality.
Exclusive forum for internal corporate claims is Circuit Court for Baltimore City or US District Court for Maryland.

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

Sila Realty Trust, Inc.: Adopted Second Amended and Restated Bylaws with updates for MGCL, remote meeting provisions, stockholder special meeting requirements, advance notice, director voting standards, and exclusive forum provision (effective 2023-06-15).

Change: bylaw amendment
Effective: 2023-06-15

Exact text from the filing

On June 15, 2023, the Board of Directors (the “Board”) of Sila Realty Trust, Inc. (the “Company”) approved and adopted amendments to the Company’s Amended and Restated Bylaws, effective immediately (the “Second Amended and Restated Bylaws”).

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Sila Realty Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001567925-23-000041

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