Align ($ALGN) amended and restated bylaws effective Feb 24, 2026: Board must call a special stockholder…
Filed with the SEC on · Summarized by InvestorsBot
Align ($ALGN) amended and restated bylaws effective Feb 24, 2026: Board must call a special stockholder meeting if one+ holders owning ≥25% of outstanding common stock (held continuously ≥1 year) properly request it; other technical clarifications made. 📄🔔 #CorporateGovernance #Shareholders
Impact: Bylaw change grants large, long‑term holders (≥25% held ≥1 year) a formal route to compel a special meeting — raises potential for major‑holder/activist action, though the 25%/1‑year threshold is high. $ALGN ⚖️🚨 #Activism #Governance
Filing note: Amended & Restated Bylaws adopted and effective Feb 24, 2026; filed as Exhibit 3.1 to Align’s Form 8‑K. Investors should review the exhibit for full terms. $ALGN 📁 #SEC #CorporateGovernance