Mr Cooper Group Inc fka COOP

[Civil War General]

165000 shares, to the BOD members (plus their other holdings)
r/s 1000 to 1 = 165 shares or some such multiple to reduce the number of shareholders below 200.
If you have less than 1000 then = Zero
Thanks for playing.

200 million outstanding shares becomes 200 thousand

This is my guess if this happens. Just my opinion.

They are whining about paperwork!

I had less than 10 shares of CITI, just a placeholder for future possible trades and the 10 =1 R/S wiped them out, with no compensation. "Someone" got 1/10 of a future CITI share.
If you had less than an even number, it was wiped.
No partial shares allowed!