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Coupang | 8-K: Current report

SEC announcement ·  Jun 28 04:20
Summary by Futu AI
On June 26, 2024, Coupang, Inc., a company listed on the New York Stock Exchange under the trading symbol CPNG, announced amendments to its bylaws. The Board of Directors approved the changes, which became effective immediately. The amendments include a revision of the requirements for stockholder nominations for the Board, a narrower definition of 'Proponent Associated Person,' the removal of 'performance-related fee' from the 'Derivative Transaction' definition, and a clarification on who may serve as Chairperson at stockholder meetings in the absence of the Board Chairperson or CEO. The full text of the Amended and Restated Bylaws was attached to the report as Exhibit 3.1.
On June 26, 2024, Coupang, Inc., a company listed on the New York Stock Exchange under the trading symbol CPNG, announced amendments to its bylaws. The Board of Directors approved the changes, which became effective immediately. The amendments include a revision of the requirements for stockholder nominations for the Board, a narrower definition of 'Proponent Associated Person,' the removal of 'performance-related fee' from the 'Derivative Transaction' definition, and a clarification on who may serve as Chairperson at stockholder meetings in the absence of the Board Chairperson or CEO. The full text of the Amended and Restated Bylaws was attached to the report as Exhibit 3.1.
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