Reverse stock split shareholder approval

The approval of the reverse stock split is the first step in the Company's strategic plan designed to restructure and recapitalize the Company, accelerate mine development and continue exploration Peabody Energy Announces 1-For-15 Reverse Stock Split Following Shareholder Approval the reverse stock split was approved by Peabody shareholders at a special meeting held earlier today When a company completes a reverse stock split, each outstanding share of the company is converted into a fraction of a share.

Following the stockholder vote, the Board met and approved a 1-for-44 reverse stock split to achieve a value of approximately $5 per share. The Company anticipates that the reverse stock split will be effective on June 10, 2019, and the Company's common stock will begin trading on The approval of the reverse stock split is the first step in the Company's strategic plan designed to restructure and recapitalize the Company, accelerate mine development and continue exploration Peabody Energy Announces 1-For-15 Reverse Stock Split Following Shareholder Approval the reverse stock split was approved by Peabody shareholders at a special meeting held earlier today When a company completes a reverse stock split, each outstanding share of the company is converted into a fraction of a share. Following Shareholder Approval, Wave’s Board Approves 1-for-10 Reverse Stock Split . Lee, MA—December 30, 2015 —Wave Systems Corp. (NASDAQ: WAVX) announced today that, following shareholder approval at the special Shareholders’ meeting on December 28, 2015, the Board of Directors has approved a 1-for-10 reverse split of the Company’s common stock. A stock split reduces the number of shares outstanding, which typically leads to an increase in the price per share. A reverse stock split does not affect the company's value. Also, the total value of the stock held by an investor will not change after a reverse stock split. The DGCL allows the Board of Directors to amend the certificate of incorporation to effect a name change without the necessity of shareholder approval. Shareholder approval is necessary to effectuate a stock split, such as a reverse split, even where the number of authorized shares will be adjusted in the same ratio as the split. DGCL Section 242.

29 Nov 2019 Accordingly, if both proposals are approved by the stockholders and the reverse stock split is implemented by the board of directors, upon the 

27 Sep 2019 "This reverse stock split is an important step in Relmada's corporate more diverse shareholder base, especially in light of the Phase 2 approve the company's application for listing after the reverse stock split is completed. 20 Feb 2012 For instance, a 5 to 1 reverse stock split of shares of a given class will of shares outstanding; however, they require shareholder approval if  29 Mar 2019 InspireMD (NYSE:NSPR) said this week its stockholders approved a 1-for-50 reverse split of its stock, slated to take effect today. The reverse  10 Apr 2019 The reverse stock split was previously approved by stockholders at a Special Meeting of Stockholders held on March 21, 2019. Rite Aid's  13 Dec 2013 A reverse stock split has no impact on a shareholder's pro rata 2013, shareholders approved a proposal permitting the Board of Directors. 31 Dec 2015 The purpose for seeking shareholder approval to effect the reverse stock split was to increase the market price of the Company's common  21 Mar 2019 Now Rite Aid's shareholders have approved a reverse split of the company's common stock. The company's special shareholder meeting tallied 

Reverse Stock Splits. Nov. 3, 2000 When a company completes a reverse stock split, each outstanding share of the company is converted into a fraction of a share. Learn more here. Modified: May 14, 2018 STAY CONNECTED 1 Twitter 2 Facebook 3 RSS 4 YouTube 5 Flickr 6 LinkedIn 7

Following Shareholder Approval, Wave’s Board Approves 1-for-10 Reverse Stock Split . Lee, MA—December 30, 2015 —Wave Systems Corp. (NASDAQ: WAVX) announced today that, following shareholder approval at the special Shareholders’ meeting on December 28, 2015, the Board of Directors has approved a 1-for-10 reverse split of the Company’s common stock. A stock split reduces the number of shares outstanding, which typically leads to an increase in the price per share. A reverse stock split does not affect the company's value. Also, the total value of the stock held by an investor will not change after a reverse stock split. The DGCL allows the Board of Directors to amend the certificate of incorporation to effect a name change without the necessity of shareholder approval. Shareholder approval is necessary to effectuate a stock split, such as a reverse split, even where the number of authorized shares will be adjusted in the same ratio as the split. DGCL Section 242.

26 Nov 2019 The Reverse Stock Split was previously approved by the Company's ultimately positions GrowLife to better serve our shareholder base at a 

24 Jul 2019 You are cordially invited to attend the 2019 annual shareholder To approve a reverse stock split of our issued and outstanding Class A Stock  8 Nov 2019 Following the special meeting of stockholders, the Board of Directors approved a 1-for-10 reverse stock split. The effective time of the reverse  27 Sep 2019 "This reverse stock split is an important step in Relmada's corporate more diverse shareholder base, especially in light of the Phase 2 approve the company's application for listing after the reverse stock split is completed.

The approval of the reverse stock split is the first step in the Company's strategic plan designed to restructure and recapitalize the Company, accelerate mine development and continue exploration

12 May 2018 Conversely, a reverse stock split will reduce the number of shares The reason is that shareholder approval may also be needed, which many  18 Apr 2003 Washington Business Corporation Act Amendments: Shareholder Voting a reverse stock split without shareholder approval provided that the  8 Jan 2018 On November 3, 2017, the board of directors of the Company approved the reverse stock split, subject to shareholder approval. The majority  17 Sep 2018 it will look to approve up to a 1-for-500 reverse stock split in hopes to help its failing stock during a special meeting with stockholders in October.

21 Mar 2019 Now Rite Aid's shareholders have approved a reverse split of the company's common stock. The company's special shareholder meeting tallied  12 May 2018 Conversely, a reverse stock split will reduce the number of shares The reason is that shareholder approval may also be needed, which many  18 Apr 2003 Washington Business Corporation Act Amendments: Shareholder Voting a reverse stock split without shareholder approval provided that the  8 Jan 2018 On November 3, 2017, the board of directors of the Company approved the reverse stock split, subject to shareholder approval. The majority