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Pacira BioSciences, Inc. 8-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Pacira BioSciences, Inc.

Filing date:

03/14/2025

TLDR:

Pacira BioSciences, Inc. adopted Third Amended and Restated Bylaws, implementing a majority voting standard for uncontested director elections.

ELI5:

Pacira BioSciences updated its company rules (bylaws) to change how directors are elected. Now, in most cases, a simple majority vote will decide the election of directors.

Accession #:

0001396814-25-000048

Published on

Analyst Summary

  • The Board of Directors of Pacira BioSciences approved and adopted the Third Amended and Restated Bylaws.
  • The Third Amended and Restated Bylaws are effective immediately as of March 12, 2025.
  • The key change in the bylaws is the adoption of a majority voting standard for the election of director nominees in uncontested elections.
  • A plurality vote standard is retained for contested director elections.
  • No other changes were made to the Second Amended and Restated Bylaws.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️