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lucky, mydog

06/24/20 8:37 AM

#3340 RE: jejusk #3339

Proposal 3. To Effect a Reverse Stock Split of the Outstanding Shares - - The Company’s stockholders authorized the Board of Directors, in its sole discretion, prior to the one-year anniversary of the Annual Meeting, to file an amendment to the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split at one of the following reverse stock split ratios, 1-for-2, 1-for-3, 1-for-4, 1-for-5, 1-for-6, 1-for-7, or 1-for-8. As of the date hereof, the Company's Board of Directors has not made any determination on the filing of such amendment. The voting on this proposal is set forth below:...


https://ih.advfn.com/stock-market/NASDAQ/moleculin-biotech-MBRX/stock-news/82681437/current-report-filing-8-k

lucky, mydog

06/24/20 8:38 AM

#3341 RE: jejusk #3339

11. Moleculin received a deficiency letter from NASDAQ on March 20, 2020
because its bid price for the company’s common stock closed under $1.00 over the preceding
thirty consecutive business days in violation of NASDAQ Listing Rule 5550(a)(2). The
company reported in a Form 8-K filed with the Commission on April 23, 2020 that it had
regained compliance with the rule because the bid price closed above $1.00 for ten consecutive
business days during the period from April 8 through April 22, 2020. Moleculin’s ability to
regain compliance with NASDAQ listing requirements coincides with its statements regarding a
potential treatment for COVID-19

https://www.sec.gov/litigation/apdocuments/3-19801-event-2020-05-21-information-before-the-commisson-at-the-time-of-trading-suspension.pdf