Phunware reduces stockholder quorum requirement to one-third and adjourns annual meeting due to lack of quorum

Phunware, Inc.

Board adopted amended bylaws reducing quorum from majority to one-third of outstanding shares entitled to vote.
Annual meeting reconvened on Nov 4, 2022 lacked sufficient shares for quorum; meeting adjourned.
Adjourned meeting rescheduled for Nov 11, 2022 at 11:00 a.m. Eastern; record date of Aug 17, 2022 unchanged.
Company will continue soliciting proxies; previously submitted proxies remain valid unless revoked.
Reduced quorum effective immediately; no material business impact expected according to management.

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

Phunware, Inc.: Reduced quorum requirement for stockholder meetings from a majority to one-third of outstanding stock (effective 2022-11-04).

Change: bylaw amendment
Effective: 2022-11-04

Exact text from the filing

Section 2.6 of the Amended Bylaws reduces the Quorum Requirement from holders of a majority to holders of one-third of the stock issued and outstanding and entitled to vote, and present in person or represented by proxy.

View on SEC.gov

89 governance changes filed in the last 30 days. Browse all governance changes →

Phunware, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-22-028485

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.