Alaunos cuts shareholder meeting quorum to 1/3
Alaunos Therapeutics lowered the stockholder meeting quorum from a majority of voting power to one-third through new by-laws effective September 16, 2026.
Rhea-AI Filing Summary
Alaunos Therapeutics, Inc. (TCRT) reported that on September 16, 2026 its Board of Directors approved and adopted Second Amended and Restated By-Laws, effective immediately, fully replacing the by-laws adopted January 8, 2026.
The principal change revises the stockholder meeting quorum requirement in Article 2, Section 2.8. Previously, a quorum required the presence in person or by proxy of the holders of a majority in voting power of all outstanding shares entitled to vote. Under the new by-laws, a quorum is reached when holders of one-third (1/3) in voting power of outstanding shares entitled to vote are present in person or by proxy. Provisions governing adjournment without a quorum are otherwise unchanged, the quorum requirement for Board and committee meetings remains a majority, and other modifications are described as conforming, clarifying, and non-substantive. The full text of the Second Amended and Restated By-Laws is included as Exhibit 3.1.
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8-K Event Classification
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Key Terms
Second Amended and Restated By-Laws regulatory
quorum regulatory
voting power financial
adjournment regulatory
emerging growth company regulatory
FAQ
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