Advantage Solutions adopts new bylaws to align with SEC proxy rules

Advantage Solutions Inc. (NASDAQ: ADV) has adopted its Fourth Amended and Restated Bylaws, effective October 15, 2026, to update governance procedures and comply with new regulatory requirements. The board of directors approved the changes, which replace the company's previous bylaws in their entirety.

The amendments focus on clarifying the procedural mechanics for stockholder nominations and proposals at meetings. Under the new rules, stockholders must provide additional background information and disclosures regarding director candidates. The bylaws also prohibit a stockholder from nominating more director candidates than are subject to election at a specific meeting.

A significant portion of the update addresses the universal proxy rules adopted by the U.S. Securities and Exchange Commission. The new bylaws clarify that no person may solicit proxies in support of director nominees other than those proposed by the board unless they have complied with Rule 14a-19 under the Securities Exchange Act of 1934. This includes meeting applicable notice and solicitation requirements.

The filing, submitted to the Securities and Exchange Commission on October 19, 2026, was signed by Christopher Growe, the company's chief financial officer. The full text of the Fourth Amended and Restated Bylaws is attached as Exhibit 3.1 to the Form 8-K. The document notes that the description of the bylaws is qualified by reference to the full text provided in the exhibit.