secwatch.observer — SEC 8-K summary
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Issuer:     SMITH MIDLAND CORP (SMID)
CIK:        0000924719
Form:       8-K
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0001654954-23-001584
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smith-Midland amends by-laws to remove cause requirement for director removal, lowers vote threshold to majority
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- Board adopted amendment to By-Laws effective Feb 8, 2023, removing cause requirement for director removal.
- Vote threshold for removal reduced from 80% to majority of outstanding voting shares.
- Amendment applies to removal of any director or entire board, effective immediately.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924719/000165495423001584/0001654954-23-001584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924719/000165495423001584/smid_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-001584

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