wtf, are they seriously thinking of doing a reverse split with only 17M shares outstanding? what's wrong with them? people will dump this POS fast if they do that.
NOTICE IS HEREBY GIVEN that the 2017 Annual Meeting of Stockholders of Moleculin Biotech, Inc. (the “Company”) will be held at the Hilton Garden Inn, 3201 Sage Road, Houston, Texas 77056, on May 25, 2017 at 12:30 p.m., local time, for the following purposes, as described in the accompanying Proxy Statement:
1. To elect four Board nominees to the Board of Directors of the Company, each to serve until the 2018 annual meeting of stockholders of the Company or until such person’s successor is qualified and elected.
2. To ratify the appointment of Grant Thornton, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2017.
3. To approve an amendment to the Company’s Certification of Incorporation to effect a reverse stock split of the outstanding shares of the Company’s common stock, at one of the following reverse stock split ratios, 1-for-___, 1-for-___, 1-for-___ or 1-for-___, as determined by the Board of Directors in its sole discretion, prior to the one-year anniversary of this Annual Meeting.
4. To authorize an adjournment of the Annual Meeting, if necessary, to solicit additional proxies if there are not sufficient votes in favor of Proposal 3.
5 To transact any other business that is properly brought before the Annual Meeting or any adjournment or postponement thereof
