KORU Medical bylaw change vests director removal power solely with majority shareholders - KRMD News | RalliesKORU Medical bylaw change vests director removal power solely with majority shareholders
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KRMD• Bylaw amendment shifts director-removal authority to shareholders
- KORU Medical Systems amended its bylaws effective Aug. 13, 2026, shifting director-removal authority exclusively to shareholders.
- Removal now requires an affirmative vote by holders of a majority of the company’s outstanding shares under Delaware law.
- The board said it has not previously voted to remove any director.
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