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BIOSPECIFICS TECHNOLOGIES CORP FILES (8-K) Disclosing Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Other Events, Financial Statements and Exhibits(Edgar Glimpses Via Acquire Media NewsEdge) ITEM 5.03 AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS; CHANGE IN FISCAL YEAR Amendment to Bylaws On February 25, 2014, the Board of Directors of the Company approved an amendment (the "Amendment") to its Amended and Restated Bylaws, dated as of December 4, 2006 (the "Amended Bylaws"), effective February 25, 2014, to add a forum selection provision for the adjudication of certain disputes. The new provision provides that, unless the Company consents in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware shall be the sole and exclusive forum for (a) any derivative action or proceeding brought on behalf of the Company, (b) any action asserting a claim of breach of fiduciary duty owed by, or other wrongdoing by, any director, officer, employee or agent of the Company to the Company or the Company's stockholders, creditors or other constituents, (c) any action asserting a claim arising pursuant to any provision of the Delaware General Corporation Law or the certificate of incorporation or Amended Bylaws of the Company, (d) any action to interpret, apply, enforce or determine the validity of the certificate of incorporation or the Amended Bylaws of the Company, or (e) any action asserting a claim governed by the internal affairs doctrine. The foregoing summary of the Amendment is qualified in its entirety by reference to the complete text of the Amendment, a copy of which is attached to this Current Report on Form 8-K as Exhibit 3.1 and incorporated herein by reference. ITEM 8.01 OTHER EVENTS The Board of Directors of the Company has set June 24, 2014 as the date of the 2014 Annual Meeting of Stockholders (the "Annual Meeting"). The Annual Meeting will be held at the New York offices of Bingham McCutchen LLP, located at 399 Park Avenue, New York, New York 10022. Stockholders of record as of the close of business on April 25, 2014 will be eligible to vote at the Annual Meeting. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits 3.1 Amendment to Amended and Restated Bylaws of the Company -------------------------------------------------------------------------------- |