"Shares being issued will be the exact amount that were on record for the record date
Are they anticipating brokerages asking for extra??"
That’s a really long way to say “brokers are screwed because they sold more than we have.”
----------------------------------------------------------------------------------------------- Ref: U3 Halt Code - Extraodinary Event
FINRA finds that the extraordinary event is ongoing and determines that the continuation of the halt beyond the prior 10 business day period is necessary in the public interest and for the protection of investors.