Completion of Reverse Stock Split Sample Clauses
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Completion of Reverse Stock Split. Prior to the Effective Time, the Company shall have completed all necessary corporate action and filed all necessary certificates or amendments to its Certificate of Incorporation with the Secretary of State of the State of Delaware, to effectuate a reverse stock split on the basis of one share of Common Stock for each ____ shares of Common Stock issued and outstanding prior to the Effective Time.
Completion of Reverse Stock Split. Unless expressly waived by EveryStory and the Shareholders, the KMI Board of Directors shall have approved and recommended to its shareholders, and the KMI shareholders shall have approved a reverse stock split of KMI’s common stock (the “Reverse Split”) at a ratio of between 1:5 and 1:7.5, with the specific ratio to be implemented to be determined by the incoming management of KMI following the Closing of its common stock. The Parties understand, acknowledge, and agree that the incoming management of KMI following the Closing will implement the Reverse Split as soon after the Closing as reasonably practicable and as determined to be in the best interest of KMI by the incoming Board of Directors, and that the incoming management shall, upon direction from the incoming Board of Directors, take all necessary actions with the State of Nevada to effectuate the filing; with FINRA to effectuate the corporate action; and with the CUSIP Bureau to obtain a new CUSIP number for KMI’s common stock, together with any other such actions as may be required to complete Reverse Split.
Completion of Reverse Stock Split. The Reverse Stock Split shall have been completed.
Completion of Reverse Stock Split. VHS shall have completed a reverse stock split of the VHS Common Stock outstanding immediately prior to Closing.
Completion of Reverse Stock Split. Buyer shall, within thirty (30) days after the Closing Date, file with the California Secretary of State the necessary amendment to the Company's Articles of Incorporation to reduce the number of shares authorized, in order to effectuate a reverse stock split of the Company's stock (the "Reverse Stock Split").
Completion of Reverse Stock Split. Unless expressly waived by EveryStory and the Shareholders, KMI shall have completed a reverse stock split (the “Reverse Split”) at a ratio of [1:6] (one new share for each [6] old shares) of its common stock, and shall have taken all necessary actions with the State of Nevada to effectuate the filing; with FINRA to effectuate the corporate action; and with the CUSIP Bureau to obtain a new CUSIP number for the Company’s common stock, together with any other such actions as may be required to complete Reverse Split.