NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

The shareholder vote would have to be for both, the R/S and any increase in authorized shares taking into effect the reverse split.

If they want to uplist, they will need a R/S to maintain a bid price well above the min bid requirement for Nasdaq or NYSE. But as I’ve said before, for a company that ostensibly wants to uplist, they sure don’t seem to be acting like that’s the plan.

I also tend to believe that holding off on further extension of the suspension period is due to concerns over triggering insider trading violations.

]A vote an an R/S could leave the authorized shares at 1.2B thus an effective raise in the limit.