AeroVironment Updates Bylaws to Modify Meeting and Nomination Rules

Reuters
Nov 25
AeroVironment Updates Bylaws to Modify Meeting and Nomination Rules

AeroVironment Inc. has amended and restated its bylaws, introducing several changes. Key updates include a right to cure process for deficiencies in director nomination notices from stockholders, expanded powers for the Board and certain executives to postpone, reschedule, or cancel shareholder meetings, enhanced notice provisions, revised advance notice requirements for nominations and proposals, the ability for directors to hold special meetings on less than 48 hours' notice, and the addition of a severability provision. The amendments took immediate effect.

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