QuadraMed Corp (QDHC)

[ScovilleUnits]

8-K....an R/S "Approval/Authorization".

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=5719580

ITEM 3.03 MATERIAL MODIFICATION TO RIGHTS OF SECURITY HOLDERS.

At the Annual Meeting of Stockholders of QuadraMed Corporation (the “Company”) held on June 5, 2008 (the “Annual Meeting”), the Company’s stockholders approved a proposal granting the Company’s Board of Directors (the “Board of Directors”) the authority, until December 31, 2008, to effect a reverse stock split of the Company’s common stock in the range of one-for-three to one-for-five without further approval of the Company’s stockholders (the “Reverse Split”). As the Company is considering listing its common stock on the NASDAQ Global Market (“NASDAQ”) and de-listing from the American Stock Exchange, the effectuation of a reverse stock split is intended to increase the price of the Company’s common stock above the $5.00 per share listing requirements for NASDAQ.






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