Shareholder vote

[PACVII]

Just wanted to know the condensed version of proposal 4. To approve an amendment to the company's restated certificate of incorporation.

Can anyone outline this? Other then directing to the proxy materials.

 

[OKW Lover]

Nothing to add. It just gives the right to call for a special shareholder meeting to investors (as a group no doubt) owning >25% of the company. Not sure when/how this would ever be needed. Perhaps in the event of a hostile takeover attempt?