QUESTION! Please assist if possible.
For instance, if a company has 750,000,000
shares authorized at approximately .12 per share and files a s3 - at the market
offering for $25 million, or approximately 205,000,000 shares,
does that mean the company will then have
955,000,000 million shares authorized or shares outstanding?
Does the company have to file a separate document to increase
the shares authorized or is it implied by the s3?
Thank you for your time,