On March 13, 2020 the SEC issued guidance to “assist public companies, investment companies, shareholders, and other market participants affected by COVID-19 with their upcoming annual shareholder meetings”. The staff guidance addresses changing meeting dates and locations as well as the use of technology for “virtual” meetings. The guidance provides processes to make changes without the expense of an additional paper mailing to shareholders.
You can find a comprehensive review of the SEC’s guidance and related state law considerations in this Nelson Mullins Securities Alert.
As always, your thoughts and comments are welcome!