R1 RCM Amends Agreements to Modify Board Expansion Rights

R1 RCM (RCM) has released an update to notify the public and investors about an entry into a material definitive agreement.

R1 RCM Inc. recently amended agreements to remove certain investor rights regarding board expansion, reflecting a settlement from a stockholder class action. This change simplifies the process for enlarging the company’s Board of Directors, signaling a notable shift in corporate governance potentially of interest to investors monitoring R1 RCM’s organizational dynamics.

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For a comprehensive understanding of the announcement, you can read the full document here.