Picard Medical, Inc.: amends bylaws to lower shareholder quorum to 33 1/3%

What happened

• The board of directors of Picard Medical, Inc. approved an amendment to the company’s amended and restated bylaws on Oct 7, 2026, effective immediately.
• The amendment changes Section 9 to reduce the quorum for a meeting of stockholders from a majority of the voting power of the shares entitled to vote to 33 1/3% of the voting power.

Key details

• Effective date: Oct 7, 2026.
• Section amended: Section 9 of the amended and restated bylaws.
• Quorum change: from a majority of voting power to 33 1/3% of voting power.
• Compliance: the filing states the amendment complies with Section 216 of the Delaware General Corporation Law and Section 123 of the NYSE American Company Guide.

Why it may matter

• Reported item: Item 5.03 — Amendments to articles of incorporation or bylaws, which covers changes to the company’s governing bylaws.
• This filing does not show why the insider traded or why the company acted.