Stewards adopts majority voting standard for uncontested director elections in bylaw overhaul
SWRD•Bylaw overhaul takes effect immediately
Stewards adopted amended and restated bylaws on Aug. 6, 2026, effective immediately.
The changes include a shift to a majority-vote standard for director elections in uncontested races, supported by a resignation policy for incumbents who fall short.
Changes to forums, meetings and stockholder rights
The bylaws also add an exclusive-forum clause naming specified Nevada courts for internal corporate claims, and U.S. federal district courts for Securities Act claims.
Stockholder meeting rules were updated as well, including who can call special meetings, expanded advance-notice requirements, and authorization for remote or hybrid meetings.
