The Party Is Over-Activist Shareholders Flex

GREENSBORO, NC - Qorvo, Inc. (NASDAQ:QRVO), a leading semiconductor company with a market capitalization of $7.36 billion, announced amendments to its corporate bylaws and the ability for shareholders to convene special meetings, according to a recent 8-K filing with the Securities and Exchange Commission (SEC). According to InvestingPro analysis, the company currently trades below its Fair Value, suggesting potential upside for investors.

On Monday, the Board of Directors of Qorvo approved the Third Amended and Restated Bylaws, effective immediately. These bylaws introduce a significant change, allowing stockholders owning at least 25% of the company’s outstanding common stock to call special meetings. This provision was not present in the previous bylaws.

The adoption of these bylaws marks a shift in Qorvo’s governance, potentially providing shareholders with greater influence over corporate decisions. The ability to call special meetings can enable shareholders to address concerns or propose changes outside the company’s regular annual meeting schedule.

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I sent Clemmers a link to this site, I hope something comes of it

" My manger, shuts its door, you never know if its in there "

welcome to the club, my whole time here is like that!

Clemmers will be CEO soon

My manger, shuts its door, you never know if its in there. It plays games, sometimes its in there, sometimes its not. But, it never answers the door, you have to text it to see if it is there or not. So may it is a good thing my manager gets sent off to the next job

Tell you the truth, my manager, has its door shut, I hardly interact with it!
Maybe this takeover is a good thing,

Clemmers will soon be CEO, nuff said, if i worked there right now, Id be watching!

this is the worst place of employment I have ever been in my life. I hope Starboard gives all of em a good oss ( $%$%$%$). on my behalf.

Break it up Starboard, let these Bob Lackys enter the Brave New World

Again, Clemeers will be CEO soon, and all of you, who make this place a not so nice place to work, THE PARTY IS OVER.

go to he-l in a handbasket..........................I look forward to the selling off of the best parts and the " dead wood" being returned to mulch!

"do you know what a proxy is???? ask your dear old moom ."

when enough of a percentage of people you owe money to, decide your moom needs to be put to work, its called proxy

Clemmers will be CEO soon, this is not my first rodeo!!!!!!!

For everybody, that had to put up with a Bob Lacky, its going to be over soon. This company will be broken up.

Its over. Depending on where you are located, you might have to move to another state for a job. Unless you are Bob Lacky. Bye Bob Bye Bye

"Activist investor Starboard Value has acquired a 7.7% stake in Qorvo. They would not be able to call a special meeting."

They installed three BOD members....through the same means they have 25% of shareholder control....pack your desk Bob Lacky, and stop posting here. no one wants to here from you...Dead Wood

"These bylaws introduce a significant change, allowing stockholders owning at least 25% of the company’s outstanding common stock to call special meetings."

Activist investor Starboard Value has acquired a 7.7% stake in Qorvo. They would not be able to call a special meeting.
A 25% threshold is common among major U.S. companies, and is seen as a balance between shareholder rights and protection against frequent or frivolous meetings.

Installation of three activist shareholder chosen board members. Stock bonus' for executives that have not been able to turn the ship around for the past three years. ( lets read the fine print please). Activist Shareholders can now call meetings. I would say the party is over!

Clemmers will soon be CEO.

Thread regarding Qorvo layoffs

The Party Is Over-Activist Shareholders Flex

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