other
confidence high
sentiment neutral
materiality 0.25
Lightstone Value Plus REIT IV reduces stockholder meeting quorum to 35%, adopts amended charter and bylaws
Lightstone Value Plus REIT IV, Inc.
- Stockholders approved charter amendment and restatement at annual meeting on Dec 16, 2021; filed with SDAT on Dec 20, 2021.
- Board of directors approved amended bylaws reducing quorum from 50% to 35% of votes entitled to be cast.
- Amended charter and bylaws became effective immediately upon filing with SDAT on December 20, 2021.