Nikola (NKLA) has released an update to notify the public and investors about corporate charter and bylaws modifications.
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Nikola Corporation’s Board of Directors recently updated its bylaws to tighten the criteria for nominating board members and proposing shareholder business. These changes are designed to align with new universal proxy rules, enhancing the governance and oversight of the company. The full details of the amendments are available in the company’s latest regulatory filings.
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For a comprehensive understanding of the announcement, you can read the full document here.