{"url_path":"/sec/gtbp/8-k/2026-06-12/item-5-03","section_key":"item-5-03","section_title":"Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-12","source_url":"https://www.sec.gov/Archives/edgar/data/109657/0001493152-26-028457-index.html","accession_number":"0001493152-26-028457","cik":"0000109657","ticker":"GTBP","issuer_name":"GT Biopharma, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/109657/0001493152-26-028457-index.html","primary_entity_key":"0000109657","primary_entity_name":"GT Biopharma, Inc."},"word_count":280,"has_tables":true,"body_markdown":"**Item\n5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.**\n\n \n\nOn\nJune 8, 2026, the Board of Directors (the “Board”) of GT Biopharma, Inc., a Delaware corporation (the “Company”)\napproved an amendment (the “Amendment”) to the Company’s Amended and Restated Bylaws, effective June 8, 2026, to reduce\nthe number of shares that are required to be present in person or by proxy at a meeting of the Company’s stockholders (a “Meeting”)\nfor purposes of establishing a quorum. Prior to the Amendment, the presence, in person or by proxy duly authorized, of the holders of\na majority of the outstanding shares of stock entitled to vote was required to establish a quorum for the transaction of business at\na Meeting. As approved in the Amendment, the presence, in person or by proxy duly authorized, of the holders of not less than one-third\n(1/3) of the outstanding shares of stock entitled to vote will constitute a quorum for the transaction of business at a Meeting.\n\n \n\nThe\nBoard adopted the Amendment to be better able to obtain a quorum and conduct business at a Meeting. The Board based its decision on the\nincreasing prevalence of brokerage firms opting to forgo discretionary or proportionate voting of the shares held by them in street name,\nwhich is making it increasingly difficult for companies to obtain a quorum of the majority. The change to the quorum requirement was\nmade to improve the Company’s ability to hold Meetings when called.\n\n \n\nThe\nforegoing description of the Amendment is qualified by reference to the full text of the Amendment, which is attached to this Form 8-K\nas Exhibit 3.1, and which is incorporated herein by reference."}