Dec. 3 at 7:46 PM
$ATXG In June 2024, at the annual meeting, shareholders authorized the Board to implement a reverse stock split in a range of at least 1-for-2 and up to 1-for-100, at the Board’s discretion. That proposal passed with over 90% of votes in favor.
In an earlier proxy and 8-K, they also described that shareholders had approved a reverse split mechanism and related charter amendments, leaving the exact ratio and timing up to the Board.