[8-K] REVIVA PHARMACEUTICALS HOLDINGS, INC. Reports Material Event
Reviva Pharmaceuticals Holdings, Inc. amended its Bylaws on September 26, 2025 to lower the quorum for stockholder meetings from a majority of voting power to one-third (33 1/3%) of the voting power outstanding and entitled to vote, as present in person, by remote communication, or by proxy, except where a higher quorum is required by law or the certificate of incorporation or bylaws. The amendment was approved by the Board and the full text is filed as Exhibit 3.1.
Reviva Pharmaceuticals Holdings, Inc. ha modificato i propri bylaws il 26 settembre 2025 per abbassare il quorum nelle assemblee degli azionisti da una maggioranza del potere di voto a un terzo (33 1/3%) del potere di voto in circolazione e avente diritto al voto, presente di persona, tramite comunicazione a distanza o per procura, salvo quando un quorum più alto sia richiesto dalla legge o dallo statuto o dai regolamenti. La modifica è stata approvata dal Consiglio e il testo integrale è depositato come Esibizione 3.1.
Reviva Pharmaceuticals Holdings, Inc. enmendó sus estatutos el 26 de septiembre de 2025 para reducir el quórum de las asambleas de accionistas desde una mayoría del poder de voto a un tercio (33 1/3%) del poder de voto en circulación y con derecho a voto, presente en persona, por comunicación remota o por poder, salvo cuando la ley o el certificado de incorporación o los estatutos exijan un quórum mayor. La enmienda fue aprobada por la Junta y el texto completo se archiva como Exhibit 3.1.
Reviva Pharmaceuticals Holdings, Inc.는 2025년 9월 26일 주주총회 의결 정족수를 투표권의 다수에서 발행 및 의결권이 있는 주식의 1/3(33 1/3%)으로 낮추는 정관 개정안을 채택했습니다. 출석은 현장 참석, 원격통신 또는 대리인에 의해 가능하며, 법률이나 회사정관 또는 정관에서 더 높은 정족수를 요구하는 경우를 제외합니다. 개정안은 이사회에서 승인되었고 전체 텍스트는 Exhibit 3.1로 파일에 보관되어 있습니다.
Reviva Pharmaceuticals Holdings, Inc. a modifié ses statuts le 26 septembre 2025 afin de réduire le quorum des assemblées des actionnaires d'une majorité du pouvoir de vote à un tiers (33 1/3%) du pouvoir de vote en circulation et ayant droit de vote, présent physiquement, par communication à distance ou par procuration, sauf lorsque un quorum plus élevé est requis par la loi ou le certificat d'incorporation ou les statuts. L'amendement a été approuvé par le conseil et le texte intégral est déposé comme Exhibit 3.1.
Reviva Pharmaceuticals Holdings, Inc. hat seine Satzung am 26. September 2025 geändert, um den Quorum für Aktionärsversammlungen von einer Mehrheit der stimmberechtigten Stimmen auf ein Drittel (33 1/3%) der ausstehenden und stimmberechtigten Stimmen zu senken, die persönlich, per Fernkommunikation oder durch Bevollmächtigte anwesend sind, außer wo ein höheres Quorum gesetzlich oder durch die Satzung oder BYLAWS vorgeschrieben ist. Die Änderung wurde vom Vorstand genehmigt; der vollständige Text ist als Exhibit 3.1 hinterlegt.
Reviva Pharmaceuticals Holdings, Inc. عدّلت نظامها الأساسي في 26 سبتمبر 2025 بغرض خفض النصاب القانوني لاجتماعات المساهمين من أغلبية قوة التصويت إلى ثلث (33 1/3%) من قوة التصويت القائمة وذات حق التصويت، الحاضر حضوراً شخصياً، أو عبر الاتصالات عن بُعد، أو بالوكالة، باستثناء الحالات التي يفرض فيها القانون أو شهادة التأسيس أو النظام الأساسي نصاباً أعلى. تمت الموافقة على التعديل من قبل المجلس، والنص الكامل مُسجّل كـ Exhibit 3.1.
Reviva Pharmaceuticals Holdings, Inc. 于 2025 年 9 月 26 日修改了其章程细则,将股东大会的法定人数从有投票权的多数降至33 1/3%的有投票权且在外流通的股权,亲自出席、通过远程通讯或通过代理人出席,法律、公司章程或章程另有更高法定人数要求的除外。该修正案已获董事会批准,完整文本作为 Exhibit 3.1 附件提交。
- Reduces likelihood of adjourned meetings by allowing business to proceed with a lower quorum threshold
- Enables quicker corporate decision-making when shareholder participation is low, including remote or proxy participation
- Lowered shareholder participation requirement from a majority to 33 1/3% potentially weakens minority shareholder influence
- Increases governance risk because a smaller voting group can transact business and approve proposals with less broad support
Insights
TL;DR: Lowering quorum to one-third makes it easier to transact business but may weaken minority shareholder protections.
The reduction of the quorum threshold from a majority to 33 1/3% materially changes meeting governance. Practically, fewer shareholders need to participate to constitute a valid meeting, which reduces the likelihood of adjournments for lack of quorum and can streamline corporate actions. However, this change also lowers the bar for those present (in person, remotely, or by proxy) to approve matters, potentially making it easier for a coordinated voting bloc to pass proposals without broader shareholder participation. The full text of the amendment should be reviewed to confirm any related procedural changes and exceptions.
TL;DR: Governance amendment is operationally significant but not an immediate financial event.
From an investor perspective, the bylaw change affects corporate governance risk more than near-term financials. Lowering the quorum can reduce administrative costs and delays associated with repeated meeting adjournments, which is operationally positive. Offsetting this, the amendment may increase governance risk by enabling decisive outcomes with a smaller shareholder turnout, which could influence future corporate decisions that affect shareholder value. No financial statements or transactions accompany this filing.
Reviva Pharmaceuticals Holdings, Inc. ha modificato i propri bylaws il 26 settembre 2025 per abbassare il quorum nelle assemblee degli azionisti da una maggioranza del potere di voto a un terzo (33 1/3%) del potere di voto in circolazione e avente diritto al voto, presente di persona, tramite comunicazione a distanza o per procura, salvo quando un quorum più alto sia richiesto dalla legge o dallo statuto o dai regolamenti. La modifica è stata approvata dal Consiglio e il testo integrale è depositato come Esibizione 3.1.
Reviva Pharmaceuticals Holdings, Inc. enmendó sus estatutos el 26 de septiembre de 2025 para reducir el quórum de las asambleas de accionistas desde una mayoría del poder de voto a un tercio (33 1/3%) del poder de voto en circulación y con derecho a voto, presente en persona, por comunicación remota o por poder, salvo cuando la ley o el certificado de incorporación o los estatutos exijan un quórum mayor. La enmienda fue aprobada por la Junta y el texto completo se archiva como Exhibit 3.1.
Reviva Pharmaceuticals Holdings, Inc.는 2025년 9월 26일 주주총회 의결 정족수를 투표권의 다수에서 발행 및 의결권이 있는 주식의 1/3(33 1/3%)으로 낮추는 정관 개정안을 채택했습니다. 출석은 현장 참석, 원격통신 또는 대리인에 의해 가능하며, 법률이나 회사정관 또는 정관에서 더 높은 정족수를 요구하는 경우를 제외합니다. 개정안은 이사회에서 승인되었고 전체 텍스트는 Exhibit 3.1로 파일에 보관되어 있습니다.
Reviva Pharmaceuticals Holdings, Inc. a modifié ses statuts le 26 septembre 2025 afin de réduire le quorum des assemblées des actionnaires d'une majorité du pouvoir de vote à un tiers (33 1/3%) du pouvoir de vote en circulation et ayant droit de vote, présent physiquement, par communication à distance ou par procuration, sauf lorsque un quorum plus élevé est requis par la loi ou le certificat d'incorporation ou les statuts. L'amendement a été approuvé par le conseil et le texte intégral est déposé comme Exhibit 3.1.
Reviva Pharmaceuticals Holdings, Inc. hat seine Satzung am 26. September 2025 geändert, um den Quorum für Aktionärsversammlungen von einer Mehrheit der stimmberechtigten Stimmen auf ein Drittel (33 1/3%) der ausstehenden und stimmberechtigten Stimmen zu senken, die persönlich, per Fernkommunikation oder durch Bevollmächtigte anwesend sind, außer wo ein höheres Quorum gesetzlich oder durch die Satzung oder BYLAWS vorgeschrieben ist. Die Änderung wurde vom Vorstand genehmigt; der vollständige Text ist als Exhibit 3.1 hinterlegt.