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  • Supermajority Voting Threshold For Governance Amendments (new) — Board unilaterally raised the bar for shareholders to change director tenure or bylaw amendment rules, entrenching current governance structure.
NASDAQ: FRMI Fermi Inc. 8-K

Fermi board raises shareholder voting threshold to 70% for key governance changes

Filed May 14, 2026 · Period ending May 13, 2026 · ~1 min read

Key Changes

  • high

    Board amended bylaws to require 70% supermajority shareholder vote to change provisions governing director terms or bylaw amendment procedures, up from simple majority, making it significantly harder for shareholders to alter governance structure.

    Item 5.03 verify on EDGAR →

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View original filing on SEC.gov

Source-verified from EDGAR · Narrative written by AI · Jul 15, 2026 · How we verify