Delaware legislature is considering proposed amendments to Section 242 of the Delaware General Corporation Law that would help address the challenges dual-share class companies have been facing in the wake of Garfield v. Boxed Inc. Specifically, the proposed amendments would lower the stockholder vote threshold required to authorize a charter amendment increasing the authorized shares of a class.
Source: After Boxed, Delaware Poised to Revise Section 242's Charter Amendment Process for Multi-Share Class Companies