Reverse Stock Split definition

Reverse Stock Split means a reverse stock split of the outstanding shares of Common Stock that is effected by the Company’s filing of an amendment to its certificate of incorporation with the Secretary of State of the State of Delaware and the acceptance thereof.
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.
Reverse Stock Split has the meaning set forth in Section 5.15.

Examples of Reverse Stock Split in a sentence

  • No fractional shares shall be issued in connection with the Reverse Stock Split.

  • Not later than the first trading day of the Firm Shares following the date hereof, the Reverse Stock Split shall be effective.

  • No fractional shares were issued in connection with the Reverse Stock Split.

  • If the Company shall at any time effect a recapitalization, reclassification or other similar transaction of such character that the shares of Common Stock shall be changed into or become exchangeable for a smaller number of shares (a "Reverse Stock Split"), then upon the effective date thereof, the number of shares of Common Stock which Holder shall be entitled to purchase upon Exercise of this Warrant shall be proportionately decreased and the Exercise Price shall be proportionally increased.

  • No certificates representing fractional shares of Common Stock shall be issued in connection with the Reverse Stock Split.


More Definitions of Reverse Stock Split

Reverse Stock Split means a reverse stock split of the outstanding shares of Common Stock that is effected by the Corporation’s filing of an amendment to its Certificate of Incorporation with the State of Delaware and the acceptance thereof by the State of Delaware.
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 has the meaning set forth in the recitals hereto.
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 means the pro rata combination of all
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 Company’s 1-for-10 reverse stock split of its then outstanding Common Shares, which was approved by the Company’s stockholders and consummated and made effective December 30, 2010.