Amarin Corp Plc (AMRN)

[Whalatane]

There may be some exceptions where a Co does not need shareholder approval ....which would be listed in their charter ...outside of that ...yes it takes several mths to get all the paper work submitted and approved AFTER the share holders have voted in the majority ...at a special meeting / vote ...to go ahead

The process can take several months due to legal and regulatory requirements, including proxy preparation, SEC review (if applicable), and scheduling a shareholder meeting26. For companies addressing exchange compliance issues (e.g., minimum price rules), the reverse split must generally be completed by the next annual meeting or within specific cure periods67.

Whats the exact date they fall out of compliance if still under $1 ?
Figure action ( shareholder vote ) 3 mths ahead of that

Kiwi