CPS TECHNOLOGIES CORP. (NASDAQ:CPSH) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year
On March 24, 2017, the Board of Directors of CPS Technologies
Corp. (the Company) approved an amendment to the Companys By-Laws
(the Amendment) to (i) establish a majority vote standard in
uncontested director elections and a director resignation policy
to address the status of an unelected director and (ii) provide
for a plurality vote standard for contested director elections
when the number of director nominees exceeds the number of board
seats.
The foregoing summary of the Amendment does not purport to be
complete and is subject to, and qualified in its entirety by
reference to the Amendment, a copy of which is attached hereto as
Exhibit 3.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
|
EXHIBIT NUMBER |
EXHIBIT DESCRIPTION |
| 3.1 | Amendment to the By-Laws of CPS Technologies Corp. |
About CPS TECHNOLOGIES CORP. (NASDAQ:CPSH)
CPS Technologies Corporation (CPS) provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and oil and gas end markets. Its primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. It designs, manufactures and sells custom MMC components, which manages the performance and reliability of systems in the end markets. It provides lids and heat spreaders used with integrated circuits in Internet switches and routers. It provides baseplates and housings used in modules built with wide band gap semiconductors, such as silicon carbide (SiC) and gallium nitride (GaN). The Company also assembles housings and packages for hybrid circuits. These housings and packages may include MMC components. Its products are manufactured by processes, including the Quickset Injection Molding Process and the QuickCast Pressure Infiltration Process. CPS TECHNOLOGIES CORP. (NASDAQ:CPSH) Recent Trading Information
CPS TECHNOLOGIES CORP. (NASDAQ:CPSH) closed its last trading session down -0.07 at 1.43 with 43,532 shares trading hands.
