The company said its Board of Directors approved amended and restated bylaws on June 28, 2024, and the bylaws took effect immediately.

1. 01

   The company said its Board of Directors approved amended and restated bylaws on June 28, 2024, and the bylaws took effect immediately.

2. 02

   The company said it amended Section 2.8 so that the voting standard for actions taken at a stockholder meeting will be as set forth in the Certificate of Incorporation, unless otherwise required by law or the bylaws. Previously, approval required a majority of the shares present in person or represented by proxy at the meeting and entitled to vote on the matter.

3. 03

   The company said it amended Article X so that the voting standard for amending the bylaws will be as set forth in the Certificate of Incorporation. Previously, amendments required the approval of 3 of 2 of the outstanding shares of common stock.

4. 04

   The company said the Certificate of Incorporation currently contains provisions similar to former Section 2.8 and Article X, so the bylaw amendments will have no substantive effect unless and until those corresponding provisions in the Certificate of Incorporation are amended.

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Original filing

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