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Virgin Galactic | 8-K: Current report

SEC announcement ·  Mar 15 04:41
Summary by Futu AI
On March 13, 2024, Virgin Galactic Holdings, Inc. announced an amendment to its By-Laws, effectively reducing the quorum required for stockholder meetings. The Board of Directors approved the change, which lowers the quorum from a majority to one third of the capital stock issued and outstanding, unless otherwise mandated by law or the company's certificate of incorporation. This amendment aims to facilitate the transaction of business at stockholder meetings. The full text of the Amended and Restated By-Laws is available as Exhibit 3.1 attached to the company's Current Report on Form 8-K.
On March 13, 2024, Virgin Galactic Holdings, Inc. announced an amendment to its By-Laws, effectively reducing the quorum required for stockholder meetings. The Board of Directors approved the change, which lowers the quorum from a majority to one third of the capital stock issued and outstanding, unless otherwise mandated by law or the company's certificate of incorporation. This amendment aims to facilitate the transaction of business at stockholder meetings. The full text of the Amended and Restated By-Laws is available as Exhibit 3.1 attached to the company's Current Report on Form 8-K.
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