Texas Proposal to amend certificate of incorporation to effectuate a one for ten reverse stock split

State:
Multi-State
Control #:
US-CC-3-213B
Format:
Word; 
Rich Text
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This sample form, a detailed Proposal to Amend Certificate of Incorporation to Effectuate a One-for-Ten Reverse Stock Split document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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  • Preview Proposal to amend certificate of incorporation to effectuate a one for ten reverse stock split
  • Preview Proposal to amend certificate of incorporation to effectuate a one for ten reverse stock split

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FAQ

During a reverse stock split, the company's market capitalization doesn't change, and neither does the total value of your shares. What does change is the number of shares you own and how much each share is worth. If you own 50 shares of a company valued at $10 per share, your investment is worth $500.

Reverse stock splits work the same way as regular stock splits but in reverse. A reverse split takes multiple shares from investors and replaces them with fewer shares. The new share price is proportionally higher, leaving the total market value of the company unchanged.

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Texas Proposal to amend certificate of incorporation to effectuate a one for ten reverse stock split