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New York Proposal to amend restated certificate of incorporation regarding increasing authorized number of shares of common stock

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US-CC-3-103I
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This form is a document signifying approval of a proposal to file a restated certificate of incorporation in order to increase the authorized number of share of common stock for the corporation.
Certificate of Incorporation to Increase the
Authorized of Number of share of Common Stock

The New York Proposal to amend the restated certificate of incorporation regarding increasing the authorized number of shares of common stock is an important corporate initiative aimed at addressing the company's future growth and capital requirements. This proposal seeks to modify the existing certificate of incorporation to allow for the issuance of a larger number of common shares, enabling the company to raise additional equity capital if needed. By increasing the authorized number of shares of common stock, the company can enjoy various benefits, including greater financial flexibility, enhanced ability to attract potential investors, and improved support for future business expansions or acquisitions. This amendment reflects the company's forward-looking approach and its commitment to adapt to evolving market conditions while meeting shareholder expectations. The proposed amendment is a prudent step to future-proof the company's capital structure, ensuring it can respond to opportunities and challenges in a dynamic business landscape. It represents a proactive strategy to maintain a competitive edge, expand operations, and invest in research and development to drive innovation and success. Examples of popular keywords related to the New York Proposal to amend the restated certificate of incorporation regarding increasing authorized number of shares of common stock are: 1. New York corporate governance: Highlighting the proposal's significance within the corporate governance framework of New York state. 2. Restated certificate of incorporation: Emphasizing the amendment's specific focus on modifying the company's restated certificate of incorporation. 3. Authorized number of shares: Describing the intention to increase the authorized number of common stock shares. 4. Common stock: Identifying the specific type of stock being addressed by the proposal. 5. Equity capital: Underlining the objective of raising additional equity capital. 6. Financial flexibility: Illustrating the potential benefits of increased authorized shares in providing financial flexibility to the company. 7. Shareholder expectations: Referring to the importance of meeting shareholder expectations and fostering investor confidence. 8. Business expansion: Highlighting the proposal's relevance to supporting future business expansions and acquisitions. 9. Capital structure: Indicating the amendment's impact on the company's overall capital structure. 10. Research and development: Demonstrating the proposal's association with investment in research and development initiatives for innovation and growth. These keywords can help in creating an in-depth and comprehensive description that aligns with the New York Proposal to amend the restated certificate of incorporation regarding increasing authorized number of shares of common stock.

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FAQ

The minimum number of members is one and the maximum number of members is 10. For income tax purposes, a CC is dealt with as if it is a company.

A close, or "closely held," corporation is a type of venture where the shareholders, directors and officers are typically the same people, and where all parties desire to remain a small, tight-knit group. Close corporations are restricted to no more than 30 shareholders.

What is Amended and Restated? ?Amended? means that the document has ?changed?? that someone has revised the document. ?Restated? means ?presented in its entirety?, ? as a single, complete document. ingly, ?amended and restated? means a complete document into which one or more changes have been incorporated.

The maximum number is still 15. Only a One Person Corporation (OPC) may have a single stockholder and a sole director.

An Amended and Restated Certificate of Incorporation is a legal document filed with the Secretary of State that restates, integrates, and adjusts the startup's initial Articles of Incorporation (i.e. the company's Charter).

If the articles of incorporation of a close corporation states the number of persons, not exceeding twenty (20), who are entitled to be holders of record of its stock, and if the certificate for such stock conspicuously states such number, and if the issuance or transfer of stock to any person would cause the stock to ...

Complete and file the Certificate of Amendment with the Department of State. The completed Certificate of Amendment, together with the statutory filing fee of $60, should be forwarded to: New York Department of State, Division of Corporations, One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231.

If the articles of incorporation of a close corporation states the number of persons, not exceeding twenty (20), who are entitled to be holders of record of its stock, and if the certificate for such stock conspicuously states such number, and if the issuance or transfer of stock to any person would cause the stock to ...

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May 16, 2022 — The proposed rule change would increase Nasdaq's authorized shares of Common Stock and shares of capital stock sufficient to allow Nasdaq to ... (f) The amount payable on the shares of such series in the event of the voluntary or involuntary liquidation, dissolution or winding up of the Corporation; ...(8) A number of shares of authorized Common Stock sufficient to provide for the conversion of the Convertible Preferred Stock outstanding upon the basis ... This Special Meeting is being held for the purpose of approving a proposal to further amend our Amended and Restated Certificate of Incorporation to increase ... Exxon Mobil Corporation Certificate of Incorporation. Restated Certificate of Incorporation of Exxon Mobil Corporation As Amended Effective June 20, 2001. or resolutions providing for the issue of Preferred Stock in one or more series, to fix the number of shares in each such series and to fix the designations ... ... Restated Certificate of Incorporation to increase the number of authorized shares of common stock. ... PROPOSAL NO. 1: INCREASE IN THE. AUTHORIZED SHARES OF ... Sep 23, 2022 — First: The original Certificate of Incorporation of the Corporation was filed with the. Secretary of State of the State of Delaware on ... ... Common Stock, $0.01 par value per share, ELY, The New York Stock Exchange ... Exhibit No. Description. 3.1, Certificate of Amendment to the Restated Certificate ... ... for completing a Certificate of Incorporation, tax information, and ... How does a foreign corporation apply for authority to conduct business in New York State?

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New York Proposal to amend restated certificate of incorporation regarding increasing authorized number of shares of common stock