I'm 99% sure authorized capital should remain the same under a reverse split. Besides an authorized capital of $10,000 doesn't even make sense from a shareholders perspective for funding icon. So all this hype of a RS is probably to scare ppl into selling 1s today.
Anyone else have insight on this? 10billion @ 0001 for $10million authorized capital
Amendment states: 10million @001 for $10,000 authorized capital.
This should mean a new share class correct? Not a RS?
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