other
confidence high
sentiment neutral
materiality 0.25
Aclarion amends bylaws to reduce stockholder meeting quorum from majority to one-third
Aclarion, Inc.
- Board adopted amendment on June 12, 2024; quorum reduced to holders of one-third of voting power from a majority.
- Company cited past difficulties reaching quorum due to dispersed stockholder base and broker elimination of discretionary voting.
- Lower quorum requirement aims to avoid meeting adjournments, additional costs, and management distractions.
- Full text of the amendment filed as Exhibit 3.1 to this Form 8-K.