Cyngn Updates Bylaws to Strengthen Director Rules and Virtual Meetings

Reuters01-31 06:26
Cyngn Updates Bylaws to Strengthen Director Rules and Virtual Meetings

Cyngn Inc. has amended and restated its bylaws to enhance corporate governance. Key changes include establishing a comprehensive director-qualification framework, refining procedures for advance notice of director nominations, and clarifying rules for managing stockholder meetings held remotely. Additional updates address the provision of supplemental information for director nominees, allow for virtual stockholder meetings and electronic notices, and codify procedures related to the powers, election, and resignation of directors.

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