As of Record Date, there were 75,000,000 shares of our common stock authorized, of which, 40,520,708 shares were issued and outstanding and 10,000,000 shares of preferred stock, of which, 0 shares were issued and outstanding.
The Amended and Restated Articles would increase the number of shares of the Company’s common stock that it is authorized to issue from 75,000,000 to 250,000,000 shares of common stock. The par value of the Company’s common stock will not be affected by the amendment.
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