Common use of Reverse Stock Split Clause in Contracts

Reverse Stock Split. The Company has the requisite corporate power and authority, and has obtained all requisite approval or authorization of any stockholder, the Board of Directors or others, in order to effect the reverse stock split of the Company’s shares of Common Stock (the “Reverse Stock Split”) as described in the Registration Statement, General Disclosure Package and Prospectus. No further approval or authorization of any stockholder, the Board of Directors or others is required in order to effect the Reverse Stock Split.

Reverse Stock Split. The Company has the requisite corporate power and authority, and has obtained all requisite approval or authorization of any stockholder, the Board of Directors Board, or others, in order to effect the reverse stock split of the Company’s shares of Common Stock (the “Reverse Stock Split”) as described in the Registration Statement, the General Disclosure Package Package, and the Prospectus. No further approval or authorization of any stockholder, the Board of Directors Board, or others is required in order to effect the Reverse Stock Split.

Reverse Stock Split. The Company has obtained all corporate authorizations and the requisite corporate power and authority, and has obtained all requisite stockholder approval or authorization of any stockholder, the Board of Directors or others, in order to effect the reverse stock split of the Company’s shares of Common Stock (the “Reverse Stock Split”) as described in the Registration Statement, General Disclosure Package and Prospectus. No further approval or authorization of any stockholder, the Board of Directors or others is required in order to effect the Reverse Stock SplitSplit described in Section 7.2, subject only to final approval of the Board of Directors of the specific ratio within the range approved by the stockholders. The implementation of the Reverse Stock Split is subject only to complying with applicable securities law regulations regarding its declaration and notice of the record date, and transfer agent logistics.

Reverse Stock Split. The Company has the requisite corporate power and authority, and has obtained all requisite approval or authorization of any stockholder, the Board of Directors or others, in order to effect the reverse stock split of the Company’s shares of Common Stock at a ratio of 1-for-50 (the “Reverse Stock Split”) as described in the Registration Statement, General Disclosure Package and Prospectus. No further approval or authorization of any stockholder, the Board of Directors or others is required in order to effect the Reverse Stock Split.

Reverse Stock Split. The Company has the requisite corporate power and authority, and has obtained all requisite approval or authorization of any stockholder, the Board board of Directors directors of the Company or others, in order to effect the reverse stock split of the Company’s shares of Common Stock (the “Reverse Stock Split”) as described in the Registration Statement, General Disclosure Package and Prospectus, such Reverse Stock Split to be effective no later than the open of trading of the Firm Shares on the first trading date following the date hereof. No further approval or authorization of any stockholder, the Board board of Directors directors of the Company or others is required in order to effect the Reverse Stock Split.

Reverse Stock Split. The Company has the requisite corporate power and authority, and has obtained all requisite approval or authorization of any stockholder, the Board of Directors or others, in order to effect the reverse stock split of the Company’s shares of Common Stock (the “Reverse Stock Split”) as described in the Registration Statement, General Disclosure Package and Prospectus. No further approval or authorization of any stockholder, the Board oard of Directors or others is required in order to effect the Reverse Stock Split.