Sylios Corp. (fka UNGS)

[miestro]

Here is what his article says regarding AS... I'm not sure but I did not think a RS had any effect on the AS.


Does the total stock issued by a company change with a reverse stock split?

Yes. When a company is formed they generally authorize the number of shares to be issued. Let's assume the company agrees to issue 10,000,000 shares. If the company does a one-for-two reverse stock split the authorized shares are reduced by the split. That means the company now has only 5,000,000 authorized shares.