Voxtur Analytics Corp.: New Advance Notice By-law for Director Nominations
Toronto and Tampa, Florida – Voxtur Analytics Corp. (Voxtur), a leading North American technology company specializing in creating a more transparent and accessible real estate lending ecosystem, has recently announced the adoption of an “Advance Notice By-law.” This new by-law sets the conditions and framework for registered or beneficial owners of common shares (Shareholders) to submit director nominations.
Key Provisions of the Advance Notice By-law
The Advance Notice By-law introduces a deadline for Shareholders to submit nominations. This deadline is fixed at 5:00 p.m. (Toronto time) on the 15th day before the date of any annual or special meeting of Shareholders.
Proper Written Form for Director Nominations
The By-law also sets forth the information that Shareholders must include in their notice to the Company for the notice to be considered in proper written form. This includes:
- The name and address of the Shareholder;
- The number of common shares the Shareholder beneficially owns, as of the record date for the meeting;
- The name of the nominee and all necessary information about the nominee, including their consent to being a nominee and their qualifications for appointment as a director;
- A statement that the Shareholder intends to nominate the nominee as a director;
- A declaration that the information provided is true and complete to the best of the Shareholder’s knowledge.
Impact on Individual Shareholders
As an individual Shareholder, this new by-law gives you the opportunity to nominate a candidate of your choice for a position on Voxtur’s Board of Directors. This can be an effective way for Shareholders to influence the direction of the company they invest in.
Global Implications
The adoption of the Advance Notice By-law by Voxtur is a significant step towards enhancing transparency and governance in the corporate world. This move is expected to increase shareholder engagement and promote more effective communication between Shareholders and the Board.
Conclusion
Voxtur Analytics Corp.’s adoption of the Advance Notice By-law is a positive step towards enhancing transparency and shareholder engagement in the corporate world. This new by-law empowers individual Shareholders to nominate candidates for the Board of Directors and contribute to the company’s direction. The global implications of this move are significant, as it is expected to promote effective communication between Shareholders and the Board and enhance corporate governance.
Stay tuned for more updates from Voxtur Analytics Corp. and the world of real estate technology!
Disclaimer
The information provided in this article is for informational purposes only. It should not be considered as investment advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
