other
confidence high
sentiment neutral
materiality 0.20
FinWise Bancorp amends bylaws to adopt universal proxy rules compliance procedures
Finwise Bancorp
- Amendments require shareholders using universal proxy to certify compliance with Rule 14a-19 and provide evidence upon request.
- Director nominee ineligible for election if shareholder fails to comply with universal proxy rules; votes for such nominee disregarded.
- Shareholders soliciting proxies must use a proxy card color other than white.
- Information and procedural requirements for director nominations now apply to special meetings where directors may be elected.
- Amendments include administrative, technical, and clarifying changes; effective as of November 28, 2023.