InvestorsHub Logo
Followers 29
Posts 2503
Boards Moderated 0
Alias Born 04/09/2010

Re: None

Friday, 05/27/2016 7:22:10 AM

Friday, May 27, 2016 7:22:10 AM

Post# of 23979
$VICL On May 20, 2016, the Company's stockholders approved an amendment to the Company's Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company's common stock at a ratio of not less than 1-for-10 and not more than 1-for-30, as determined by the Board of Directors at its discretion. Subsequent to the stockholders' approval, the Company's Board of Directors approved a reverse split ratio of 1-for-10. On May 25, 2016, the Company filed with the Delaware Secretary of State a certificate of amendment to its Amended and Restated Certificate of Incorporation to implement the reverse split at the approved ratio. The reverse split will be implemented as of 5:00
p.m. Eastern time on May 26, 2016, and the Company's common stock will begin trading on a split-adjusted basis on May 27, 2016.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.