Rennova Health Inc (RNVA)

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As a result of the reverse stock split, every 10,000 shares of the Company’s pre-reverse split common stock will be combined and reclassified into one share of the Company’s common stock. Proportionate voting rights and other rights of common stockholders will not be affected by the reverse stock split, other than as a result of the cash payment for any fractional shares that would have otherwise been issued. Stockholders who would otherwise hold a fractional share of common stock will receive a cash payment in respect of such fraction of a share of common stock. No fractional shares will be issued in connection with the reverse stock split.



The reverse stock split will become effective at 5:00 p.m., Eastern Time, on July 31, 2020 and the Company’s common stock will trade on a post-split basis at the open of business on August 3, 2020. The par value and other terms of the common stock will not be affected by the reverse stock split. The authorized capital of the Company of 10,000,000,000 shares of common stock and 5,000,000 shares of preferred stock, also will not be affected by the reverse split.

https://ir.rennovahealth.com/all-sec-filings#document-15686-0001493152-20-013961