MONOTYPE IMAGING HOLDINGS INC. (NASDAQ:TYPE) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item5.03.
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Amendments to Articles of Incorporation or By-Laws; Change in Fiscal Year. |
On December20, 2016, the Board of Directors (the Board of
Directors) of Monotype Imaging Holdings Inc. (the Company)
approved Amendment No.2 to the Companys Amended and Restated
Bylaws (the Bylaws Amendment). The Bylaws Amendment changes the
voting standard for uncontested director elections from a
plurality voting standard to a majority voting standard.
Accordingly, to the Bylaws Amendment, in future uncontested
director elections, a director nominee will be elected only if
the votes cast for such nominees election exceed the votes cast
against such nominees election. The Bylaws Amendment retains a
plurality voting standard in contested elections, which includes
an election for which, as of the record date of any meeting of
stockholders, there are more nominees for election than positions
on the Board of Directors to be filled by that election.
The summary of the Bylaws Amendment above is qualified in its
entirety by the Bylaws Amendment filed herewith as Exhibit 3.1
hereto and incorporated herein by reference.
| Item9.01 | Financial Statements and Exhibits |
| (d) | Exhibits |
| 3.1 |
Amendment No.2 to Amended and Restated Bylaws of Monotype Imaging Holdings Inc. |
About MONOTYPE IMAGING HOLDINGS INC. (NASDAQ:TYPE)
Monotype Imaging Holdings Inc. (Monotype) is a provider of type and technology for applications and consumer devices. The Company’s business segment operates through development, marketing and licensing of technologies and fonts. Its business includes Creative Professional and original equipment manufacturer (OEM). For Creative Professional market, it provides content across multiple devices and mediums. It offers products, such as Type, which include Monotype Libraries, Monotype, Linotype, FontFont, ITC, Ascender and Bitstream collections; e-commerce Websites; Fonts.com Web Fonts service, and font solutions. For OEM market, it offers solutions for consumer device manufacturers and independent software vendors. It offers technologies, such as screen imaging technologies, printer imaging technologies, cloud-based technology platform and font management. Its solutions are licensed through its direct sales channel, as well as its e-commerce platforms and indirect sales channels. MONOTYPE IMAGING HOLDINGS INC. (NASDAQ:TYPE) Recent Trading Information
MONOTYPE IMAGING HOLDINGS INC. (NASDAQ:TYPE) closed its last trading session down -0.25 at 19.90 with 314,807 shares trading hands.
