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On November 27, 2024, Virpax Pharmaceuticals amended its Amended and Restated Bylaws to change the quorum requirement for shareholder meetings. The amendment reduces the quorum threshold from a majority of the voting power of the company's outstanding shares entitled to vote to 34% of such voting power.This change aims to facilitate easier decision-making during shareholder meetings by lowering the number of shares required to constitute a quorum. The updated Bylaws are filed as Exhibit 3.1 and are incorporated by reference in the company's report.The amendment reflects Virpax's strategic move to streamline its governance processes, potentially impacting future shareholder engagement and decision-making dynamics.
我要向钱看 OP : On November 27, 2024, Virpax Pharmaceuticals amended its Amended and Restated Bylaws to change the quorum requirement for shareholder meetings. The amendment reduces the quorum threshold from a majority of the voting power of the company's outstanding shares entitled to vote to 34% of such voting power.This change aims to facilitate easier decision-making during shareholder meetings by lowering the number of shares required to constitute a quorum. The updated Bylaws are filed as Exhibit 3.1 and are incorporated by reference in the company's report.The amendment reflects Virpax's strategic move to streamline its governance processes, potentially impacting future shareholder engagement and decision-making dynamics.