Marker Therapeutics Inc (MRKR)

[Burrhead1]

So what do they mean when they state they are increasing the number of shares to 150,000,000? That doesn’t equate to outstanding shares?


3. To approve two separate proposals to amend TapImmune’s articles of incorporation to:
a. increase the number of authorized shares of TapImmune common stock from 41,666,667 to
150,000,000, the approval of which is necessary to enable TapImmune to issue the required number
of shares of TapImmune common stock, and shares of TapImmune common stock issuable upon
exercise of warrants, in each case, to Marker stockholders in connection with the merger and to the
investors in the private placement transaction, and