Vaso Corporation's Board of Directors adopted amendments to the company's Bylaws on February 11, 2026, effective immediately. The amendments provide greater flexibility for stockholder meetings, update officer positions, clarify indemnification standards, and remove the right for stockholders to act without a meeting.
Key takeaways
Bylaw amendments adopted by Board of Directors on February 11, 2026, effective February 11, 2026.
Annual meeting timing made more flexible, allowing Board to pick date; clarified business at special meetings.
Added provisions for virtual stockholder meetings with verification and participation requirements.
Quorum for stockholder meetings set at holders of one-third (33%) of issued and outstanding shares.
Removed right of stockholders to take action without a meeting (Article I, Section 10).
Updated officer list to add Chief Operating Officer position and separate President and CEO duties.