Title: New Hampshire Proposal to Amend Certificate: Reducing Par Value, Increasing Authorized Common Stock, and Reverse Stock Split Keywords: New Hampshire proposal, amend certificate, reduce par value, increase authorized common stock, reverse stock split, Exhibit Introduction: In the state of New Hampshire, a proposal has been put forth to amend the certificate of a company. This proposal aims to bring about several changes, including a reduction in par value, an increase in authorized common stock, and the implementation of a reverse stock split. This detailed description will provide you with all the necessary information regarding this proposed amendment. 1. Reduction in Par Value: The New Hampshire proposal suggests reducing the par value of the company's shares. Par value refers to the minimum price at which shares can be issued. By reducing the par value, the company aims to provide flexibility in setting the market value of the shares. This adjustment will enable the company to adapt to market fluctuations effectively. 2. Increase in Authorized Common Stock: The proposed amendment in New Hampshire also includes an increase in the authorized common stock of the company. Authorized common stock represents the maximum number of shares that a company can issue. This increment would grant the company the ability to issue additional shares, thus potentially facilitating future growth, acquisitions, or other strategic business moves. 3. Reverse Stock Split: Additionally, the proposal consists of implementing a reverse stock split. A reverse stock split entails combining multiple shares into a single share, thereby reducing the total number of outstanding shares. This action increases the market price per share while maintaining the proportional ownership stake for existing shareholders. Reverse stock splits are often utilized to meet stock exchange listing requirements or to enhance the company's share price. Exhibit: Accompanying this proposal, an Exhibit will be provided, which will contain crucial information regarding the amendment's finer details. The Exhibit may include comprehensive documentation, such as the revised certificate of incorporation, updated stockholder agreement, financial projections, or any other relevant supporting materials. Types of New Hampshire Proposal to Amend Certificate, Reduce Par Value, Increase Authorized Common Stock, and Reverse Stock Split: — Type 1: Standard AmendmenProposalsa— - Type 2: Strategic Growth-Oriented Amendment Proposal — Type 3: Compliance and Regulatory Driven Amendment Proposal Conclusion: The New Hampshire proposal to amend a company's certificate comprises three essential changes: reducing par value, increasing authorized common stock, and implementing a reverse stock split. This proposal aims to create flexibility, facilitate future growth, and potentially satisfy stock exchange listing requirements. The accompanying Exhibit will provide further in-depth information. The different types of proposals will depend on the specific objectives and circumstances of the company involved.