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Acurx cuts default shareholder meeting quorum to one-third

The stated quorum threshold changes from a majority of shares entitled to vote to one-third of voting power, subject to specified exceptions.

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Form Type
8-K

Rhea-AI Filing Summary

Acurx Pharmaceuticals, Inc. (ACXP) amended its bylaws effective October 29, 2026, lowering the quorum for stockholder meetings to one-third (33⅓%) of the voting power of stock outstanding and entitled to vote. The threshold counts voting power present in person, by remote communication if applicable, or represented by proxy.

The new threshold applies except where a higher quorum is required by law, the certificate of incorporation, or the bylaws. Previously, a majority of shares entitled to vote, present in person or by proxy, constituted a quorum unless law required a larger number.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Stockholder meeting quorum one-third (33⅓%) of voting power Amended bylaw threshold effective October 29, 2026
quorum technical
"reduces the quorum at all meetings of the Company’s stockholders"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
voting power technical
"one-third (33⅓%) of the voting power"
Voting power is the ability shareholders have to influence a company's major decisions—like electing the board, approving mergers, or changing corporate rules—based on the voting rights attached to the shares they hold. For investors it matters because greater voting power is like holding more keys to a building: it gives you a stronger say over management choices and the company’s strategy, which can affect future value and risk.
represented by proxy technical
"or represented by proxy"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new quorum requirement for ACXP stockholder meetings?

ACXP's stockholder-meeting quorum is one-third (33⅓%) of the voting power of stock outstanding and entitled to vote, counted when present in person, by remote communication if applicable, or represented by proxy. A higher quorum applies where required by law, the certificate of incorporation, or the bylaws.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

October 29, 2026

Date of report (Date of earliest event reported)

 

ACURX PHARMACEUTICALS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware  001-40536  82-3733567
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)  (I.R.S. Employer
Identification Number)

 

259 Liberty Avenue, Staten Island, NY 10305
(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (917) 533-1469

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading
Symbol(s)
  Name of each exchange
on which registered
Common Stock, par value $0.001 per share   ACXP   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

 

 

 

 

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

On October 29, 2026, the Board of Directors of Acurx Pharmaceuticals, Inc. (the “Company”) approved and adopted, effective as of that date, an amendment (the “Amendment”) to the Company’s Bylaws (the “Bylaws”). The Amendment reduces the quorum at all meetings of the Company’s stockholders for the transaction of business, except as otherwise required by law or by the Company’s Certificate of Incorporation, as amended, or Bylaws, to one-third (33⅓%) of the voting power of the stock outstanding and entitled to vote at the meeting, present in person, present by remote communication, if applicable, or represented by proxy. The Bylaws previously provided that the holders of a majority of all of the shares of the stock entitled to vote at the meeting, present in person or by proxy, shall constitute a quorum for all purposes, unless or except to the extent that the presence of a larger number may be required by law.

 

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 3.1 hereto and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit
Number
  Description
     
3.1   Amendment No. 1, as adopted and approved by the Board of Directors on October 29, 2026, to the Bylaws of Acurx Pharmaceuticals, Inc.
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  ACURX PHARMACEUTICALS, INC.
     
Date: October 29, 2026 By: /s/ David P. Luci
    David P. Luci
    Chief Financial Officer    

 

 

 

Filing Exhibits & Attachments

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