Reverse Split
Reverse Split. Means a reverse split of the outstanding Common Stock at a ratio determined in good faith by the Company's Board of Directors based on market conditions and other factors it deems relevant and subject to the reasonable approval of the SSF Investors; provided, however, that the split ratio shall be sufficient to yield an immediate post-split adjusted price per share of Common Stock of not less than 150% of the minimum bid price required to list the Common Stock on The NASDAQ Capital Market.
Reverse Split. A one for one hundred (1:100) reverse split of the Company's Common Stock approved by the Board on February 7, 2014
Found in
MV Portfolios, Inc. contract
Reverse Split. Means a reverse split of the outstanding shares of Common Stock at a ratio of between one-for-three and one-for-3.5 (as determined by the Board of Directors of the Company and disclosed to the Investors orally prior to the execution and delivery of this Agreement) which does not reduce the number of shares of Common Stock that the Company is authorized to issue.
Found in
OptimizeRx Corp contract
Reverse Split. Has the meaning set forth in the Recitals.
All Definitions
Found in
Advaxis, Inc. contract