{"schema_version":"secwatch.filing_event.v1","accession":"0001805833-23-000005","form_type":"8-K","ticker":"SST","cik":"0001805833","company_name":"System1, Inc.","filed_at":"2023-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.666437+00:00","generated_at":"2026-06-18T18:36:47.831900+00:00","sec_items":["5.03","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"confidence":"high","headline":"System1 amends bylaws to adopt universal proxy rules and enhance nomination procedures","bullets":["Board approved amended and restated bylaws on February 23, 2023.","Bylaws address SEC universal proxy rules (Rule 14a-19) for director nominations.","Enhanced disclosure requirements for stockholder nominations and other business proposals.","Includes technical, modernizing, and clarifying changes; full text filed as Exhibit 3.1."],"urls":{"canonical":"https://secwatch.observer/filing/0001805833-23-000005","json":"https://secwatch.observer/filing/0001805833-23-000005.json","markdown":"https://secwatch.observer/filing/0001805833-23-000005.md","text":"https://secwatch.observer/filing/0001805833-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805833/000180583323000005/0001805833-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805833/000180583323000005/sst-20230223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T18:36:47.831900+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"94d92c1d9a8832c811638eb434fcc30e9067e34f","claim":"System1, Inc.: Amended and restated bylaws to address universal proxy rules and enhance procedural mechanics and disclosure requirements for stockholder nominations and proposals (effective 2023-02-23).","evidence_excerpt":"On February 23, 2023, the Board of Directors (the “Board”) of System1, Inc. (the “Company”) approved and adopted amended and restated bylaws (the “Amended and Restated Bylaws”), to, among other things: • address the universal proxy rules adopted by the U.S. Securities and Exchange Commission (the “SEC”), by clarifying that no person may solicit proxies in support of a director nominee other than the Board’s nominees unless such person has complied with Rule 14a-19 under the Securities Exchange Act of 1934, as amended, including the applicable notice and solicitation requirements; and • enhance procedural mechanics and disclosure requirements in connection with stockholder nominations of directors and submissions of proposals regarding other business at stockholder meetings, including requiring additional background information and disclosures regarding proposing stockholders, proposed nominees and business, and other persons related to a stockholder’s solicitation of proxies.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805833/000180583323000005/0001805833-23-000005-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-02-23"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}