regulatory
confidence high
sentiment neutral
materiality 0.25
Civeo amends articles to comply with SEC universal proxy card rules
Civeo Corp
- Board adopted Amended and Restated Articles effective Dec 22, 2022, to align with SEC Rule 14a-19.
- Shareholders nominating directors must confirm intent to solicit proxies in support of nominees.
- Failure to comply with advance notice and Rule 14a-19 will result in chairman disregarding nomination.
- Entities submitting nominations must disclose direct/indirect controllers, excluding passive investors.
- Shareholders soliciting proxies from others must use a proxy card color other than white.