Reverse Stock Split definition

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Reverse Stock Split means, subject to Reverse Stock Split Shareholder Approval, a reverse stock split of the Common Stock that is effected by the Company’s filing of an amendment to its certificate of incorporation with the State of Delaware.

Reverse Stock Split means the reverse stock split of the Corporation’s Common Stock that is effected by the Corporation’s filing of the Amendment with and acceptance by the Secretary of State of the State of Delaware.

Examples of Reverse Stock Split in a sentence

If fractional Trust Certificates would be issued as a result of the Reverse Stock Split, the Trust Administrator will inform Registered Owners as to how those fractions will be treated (which may include rounding the fractions down and distributing cash) at the time it informs Registered Owners of the Reverse Stock Split.
Reverse Stock Split Adjustment: For Trust Certificates held in DTC or otherwise in physical form: The number of outstanding Dividend Certificates and Asset Certificates each will decrease by the same ratio used for the Reverse Stock Split of the Underlying Shares (the “reverse split factor”).
Prior to the Effective Time, ▇▇▇▇▇ shall take all actions necessary to effectuate the Reverse Stock Split.
Fractional Trust Certificates will be issued as a result of the Reverse Stock Split.
The Reverse Stock Split shall have been consummated and effective.

Reverse Stock Split has the meaning set forth in Section 5.15.

Reverse Stock Split means a reverse split of the Common Stock of not less than one for each ten shares of Common Stock outstanding prior thereto.

Reverse Stock Split means the Company’s commitment to reduce its outstanding authorized and unissued shares of Common Stock via a reverse stock split to provide a number of authorized and unissued shares of Common Stock sufficient to permit the issuance of the Conversion Shares, the Warrant Shares and shares of Common Stock underlying all other outstanding securities convertible into or exercisable for shares of Common Stock no later than December 31, 2023.

Reverse Stock Split has the meaning set forth in the recitals hereto.

Reverse Stock Split means the pro rata combination of all the outstanding shares of a class of stock into a smaller number of shares of the same class, whether or not the authorized shares of such a class are reduced in the same proportion.

Reverse Stock Split means the pro rata combination of all

Reverse Stock Split means the filing of an amendment to the Articles of Incorporation of the Company with the State of Nevada for a reverse stock split in which the issued and outstanding shares of Common Stock (but not the authorized shares of Common Stock) shall be combined at a ratio of 1-for-250, which amendment shall be filed with and accepted by the State of Nevada and evidence thereof delivered to the Purchasers.