Virgin Galactic Holdings Inc. announced amendments to its bylaws, effective August 28, 2025. Key changes include revising the voting standard for stockholder matters, except director elections, to a majority of votes cast. The amendments address SEC's universal proxy rules, enhance procedural mechanics and disclosure requirements for director nominations and proposals, and mandate the use of non-white proxy cards for stockholder solicitations. Additionally, the federal district courts of the U.S. are designated as the exclusive forum for claims under the Securities Act of 1933.
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