Aug. 1 at 1:12 AM
$STSS The company increased the authorized in July 2024 to from 100 to 500 million. After selling more than 286 million in Class B cashless Warrants in April 2025 they reduced the authorized to 1,666,667 along with the 1:300 reverse split. Now we have the proposal filed to increase the authorized back to 500 million.
For the quarterly period ended March 31, 2025
https://www.sec.gov/ix?doc=/Archives/edgar/data/1737995/000164117225010894/form10-q.htm
Page F-14
In July 2024, the shareholders approved the increase of the authorized common stock from 100,000,000 to 500,000,000...
...to reduce the authorized shares from 500,000,000 to 1,666,667. The reduction in authorized shares, which was effective April 27, 2025, also effectuated a reverse stock split of the outstanding common shares at a ratio of one for three hundred (1-for-300).
April 14th 8K
https://www.sec.gov/ix?doc=/Archives/edgar/data/1737995/000164117225004600/form8-k.htm
In connection with the Offering, as of April 14, 2025, there have been 286,621,057 Class B cashless Warrants exercised which represents 97% of the 2025 Series B Warrants.
