"stockholders holding less than 30,000 shares but at least 100 shares as of the Effective Time, and who continue to hold such shares as of the effective date of the Reverse Split ("Eligible Holders"), will receive 100 shares of common stock after the Reverse Split.
The Reverse Split will not affect the common stock held by stockholders holding less than 100 shares as of the effective date of the Reverse Split. The result of this special treatment is that additional shares of common stock will be outstanding than if the Reverse Split identically affected all stockholders.
No fractional shares will be issued for any fractional share interest created by the Reverse Split and held by a stockholder with more than 100 shares after the Reverse Split; those stockholders will receive a full share of common stock for any fractional share interests created by the Reverse Split."
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MERH "There will be no change to the authorized shares of common stock of the Company and any fractional shares will be rounded up. No shareholder who currently has 100 or more shares will be reduced below 100 shares."