Item 5.03. Amendment to Articles of Incorporation.
Effective
As a result of the reverse stock split, at
Through the articles of amendment, the total number of shares of common stock
authorized for issuance was reduced to 7,500,000 in proportion to the reverse
stock split. The articles of amendment did not change the authorized number of
shares of preferred stock,
The Company's common stock will begin trading on a post-split basis when the
market opens on
Item 7.01. Regulation FD Disclosure.
On
Item 8.01. Other Events.
Immediately prior to the reverse stock split, the Company had 9,720,627 shares outstanding, which will be proportionately reduced for the 1-for-4 reverse stock split.
The CUSIP identifier for the Company's common stock following the reverse stock split is 203900 204. Following the reverse stock split, the Company's common stock will be uncertificated and will be registered on the Direct Registration System (also known as DRS or book entry).
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