Analyst Summary
- The Board of Directors adopted the Second Amended and Restated Bylaws of Ivanhoe Electric Inc., effective immediately.
- The amendment eliminates the 66 2/3% supermajority stockholder vote required for stockholders to amend the Company’s bylaws and replace it with a majority vote standard.
- The Second Amended and Restated Bylaws also expressly denies the application of the Arizona Corporate Takeover Laws, Arizona Revised Statutes 10-2701 et seq.