Summary
L3Harris Technologies, Inc. (LHX) filed a Current Report on Form 8-K on April 7, 2020, primarily detailing amendments to its By-Laws and a change in the format of its upcoming Annual Meeting of Shareholders. The By-Law amendments, effective April 2, 2020, were made to align with updated Delaware General Corporation Law, specifically addressing provisions for remote shareholder meetings, electronic availability of shareholder lists, and notice requirements for meetings. Furthermore, in response to the COVID-19 pandemic and for the safety of participants, the Company announced on April 3, 2020, that its 2020 Annual Meeting of Shareholders, scheduled for April 24, 2020, will be held virtually as a live audio webcast instead of an in-person event. These changes reflect an adaptation to current circumstances and regulatory updates, ensuring continued engagement with shareholders while prioritizing health and safety.
Key Highlights
- 1L3Harris Technologies amended and restated its By-Laws effective April 2, 2020, to comply with changes in Delaware General Corporation Law.
- 2Key amendments include provisions for holding shareholder meetings solely by remote communication.
- 3The By-Laws now permit shareholder lists to be available on an accessible electronic network for meetings.
- 4The Company updated notice requirements for shareholder meetings in its By-Laws.
- 5In response to COVID-19 concerns, L3Harris will hold its 2020 Annual Meeting of Shareholders virtually.
- 6The Annual Meeting will take place on April 24, 2020, at 9:30 a.m. Eastern Time via live audio webcast.
- 7Shareholders of record as of February 28, 2020, are eligible to attend the virtual meeting.