Innovid Revamps Governance and Alters Fiscal Year

Innovid (CTV) has released an update to notify the public and investors about corporate charter and bylaws modifications.

Innovid Corp. has updated its bylaws, introducing measures that align with the SEC’s universal proxy rules and tightening the process for stockholder nominations and proposal submissions. These amendments require detailed disclosures from stockholders and nominees, and specify that proxy solicitation must use a proxy card of a different color than white. The changes aim to modernize and clarify corporate governance procedures, while also eliminating outdated sections from the bylaws.

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For a comprehensive understanding of the announcement, you can read the full document here.