NeoVolta, Inc. filed a Current Report on Form 8-K with the Securities and Exchange Commission on October 30, 2026, announcing the approval and adoption of the company's Third Amended and Restated Bylaws. The filing details that the new bylaws replace the company's Second Amended and Restated Bylaws and became effective on the date of the filing.
The amended document includes several changes to corporate governance procedures. The most significant alteration involves the quorum requirement for stockholder meetings. The Amended Bylaws set the quorum at one-third of the voting power of issued and outstanding shares present in person or by proxy, whereas the previous bylaws required a majority.
Voting procedures for director elections and other questions have also been adjusted. Under the new bylaws, directors are elected by a plurality of the votes cast, and all other questions are decided by a majority of the votes cast. The filing notes that abstentions and broker non-votes are not counted as votes cast for or against any question or nominee but are still counted as present for quorum purposes.
Additionally, the filing states that the Board of Directors may now amend the bylaws by the affirmative vote of a majority of the directors comprising the Board. Previously, a two-thirds affirmative vote was required. Stockholders retain the ability to amend the bylaws by a majority vote of the voting power of issued and outstanding voting securities, voting together as a single class.
The full text of the Third Amended and Restated Bylaws is included as Exhibit 3.1 to the filing.
