Replies to post #29090 on Rebus Holdings Inc (RBSH)

[Kramrer]

I see that..
The Board and Majority Shareholder have approved a proposal to amend our amended and restated Certificate of Incorporation (“Certificate”) to authorize our Board to effect a Reverse Stock Split of all of our issued and outstanding Common Stock at a ratio of not less than 1-for-2 and not more than 1-for-500, with our Board having the discretion as to whether or not the Reverse Stock Split is to be effected, when such Reverse Stock Split would be effected (on or prior to May 1, 2021) and the exact ratio of the Reverse Stock Split to be set at a whole number within the above range as determined by our Board in its sole discretion. The Board believes that the availability of alternative reverse split ratios will provide it with the flexibility to implement the Reverse Stock Split in a manner designed to maximize the anticipated benefits for us and our stockholders. In determining whether to implement the Reverse Stock Split, our Board may consider, among other things, factors such as: