Corporate GovernanceAug 7, 2026, 04:24 PM
Socket Mobile Amends Bylaws for Board Special Meetings
AI Summary
Socket Mobile, Inc.'s Board of Directors approved an amendment to the company's Amended and Restated Bylaws, effective August 3, 2026. The amendment revises Section 3.9, which pertains to special meetings and notice provisions for the Board. Key changes include clarifying who can call special meetings, allowing authorized persons to designate others for notice, and updating the permissible methods and timing for delivering notice. Notice can now be delivered personally, by courier, telephone, first-class mail, or electronic transmission, with specific timeframes for each method.
Key Highlights
- Board approved amendment to Amended and Restated Bylaws on August 3, 2026.
- Revised Section 3.9 (Special Meetings; Notice) in its entirety.
- Clarifies persons authorized to call special Board meetings.
- Permits authorized persons to designate others for notice.
- Updates permissible methods and timing of notice for meetings.
- Notice methods include personal, courier, telephone, mail, electronic.
- Notice timing: 24 hours for personal, courier, phone, electronic; 4 days for first-class mail.
- Oral notice is permitted if given 24 hours prior to the meeting.
Price Impact
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