other
confidence high
sentiment neutral
materiality 0.20
Upwork amends bylaws to align with universal proxy rules and DGCL updates
UPWORK, INC
- Board adopted amended and restated bylaws effective October 18, 2022.
- Amendments add compliance with SEC Universal Proxy Rules (Rule 14a-19).
- Limits stockholder nominee count to number of directors to be elected.
- Updates notice provisions for electronic transmission under DGCL amendments.
- Adds emergency bylaw provision for board quorum during crises.