Reverse Splits

[sludgehound]

CPST Capstone Proxy vote Aug 31 R/S 1-5 to 1-10 & common +

second R/S
Security Notes
New Issue=6-00 10,454,545 shs at $16 by Morgan Stanley Dean Witter et al.
Capital Change=shs decreased by 1 for 20 split. Ex-date=11/09/2015

This got to me 4:34 pm ET nice late day summer dump

https://seekingalpha.com/filing/3631481

See 2. and 4. RS & 20% more common

1. To elect seven members to Capstone’s Board of Directors to serve until the next annual meeting or until their successors have been elected and qualified;

2. To approve an amendment to Capstone’s Second Amended and Restated Certificate of Incorporation, as amended, to effect a reverse stock split of our outstanding shares of Common Stock by a ratio in the range of 1-for-5 and 1-for-10, as determined in the sole discretion of our Board of Directors;

3. To approve the NOL Rights Agreement, dated as of May 6, 2016, with Computershare Inc., as amended;

4. To approve, for purposes of complying with applicable NASDAQ Listing Rules, the potential issuance of more than 20% of the Company’s Common Stock pursuant to the Company’s October 2016 offering of securities;

5. To approve the Capstone Turbine Corporation 2017 Equity Incentive Plan;

6. To approve the amended and restated Capstone Turbine Corporation Employee Stock Purchase Plan;

7. To hold a non-binding advisory vote on compensation of named executive officers;

8. To hold an advisory vote with respect to the frequency of advisory votes on the compensation of our named executive officers;

9. To ratify the selection of Marcum LLP as our independent registered public accounting firm for the fiscal year ending March 31, 2018; and

10. To transact any other business that is properly brought before the Annual Meeting or any adjournments or postponements thereof.