The new Securities and Exchange Commission rules on the Universal Proxy affecting all sides nominating and soliciting proxies for their candidates in a director election contest, requiring changes to the Proxy Card.
The amendments to Schedule 14A under the Securities Exchange Act of 1934 (the “Exchange Act”) became effective as of January 31, 2022, and apply to any shareholder meeting involving a director election after August 31, 2022.
Find out more:
https://www.sec.gov/corpfin/universal-proxy-secg
https://www.sec.gov/rules/final/2021/34-93596.pdf
