Extraordinary General Meeting
Any shareholders' meeting held outside the AGM cycle, called to decide on time-sensitive matters.
An Extraordinary General Meeting (EGM) is any general meeting of shareholders that is not the AGM. EGMs are convened to decide on matters that cannot wait until the next AGM - examples include share allotments, capital reductions, removal of directors, amendments to the Constitution, or approval of major transactions. EGMs require notice of at least 14 days for ordinary resolutions and 21 days for special resolutions, unless shareholders agree to short notice.
If shareholders need to approve a new share issuance to a Series A investor, the company will typically convene an EGM (or pass a written resolution in lieu) before allotting the shares.