Necessary Consents

Necessary Consents. Approval, by both the board of directors of the Company (the "Board") and the stockholders of the Company, of an amendment to the Company's Certificate of Incorporation (the "Amended Certificate") to either (i) increase the authorized number of shares of Common Stock of the Company to a number that is sufficient to cover the Exercise Shares (in addition to the outstanding shares of capital stock of the Company and agreements and instruments exercisable for or convertible into capital stock of... the Company) or (ii) effect a reverse split of the Company's outstanding Common Stock which results in a number of authorized but unissued shares of Common Stock sufficient to cover the Exercise Shares (in addition to the outstanding shares of capital stock of the Company and agreements and instruments exercisable for or convertible into capital stock of the Company). View More