Fastly moves higher after amending bylaws

Fastly disclosed last night that it amended and restated its bylaws, effective immediately, to among other things: provide the board with the right to postpone, reschedule, or cancel any previously scheduled meeting of stockholders; establish additional requirements and disclosures regarding proposing stockholders, proposed nominees and business, and other persons related to a stockholder’s solicitation of proxies; require that any stockholders directly or indirectly soliciting proxies from other stockholders must use a proxy card color other than white, with the white proxy card being reserved for exclusive use by the board. Fastly shares are up 2% to $6.40 in morning trading.