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Mangoceuticals, Inc. has announced a special meeting of stockholders to be held on March 25, 2024, to vote on several key proposals. The Board of Directors is extending an invitation to stockholders to attend the meeting at the company's headquarters in Dallas, Texas. Among the proposals, stockholders will consider an amendment to the company's Certificate of Formation to effect a reverse stock split of the company's outstanding common stock, with the exact ratio to be determined by the Board. Additionally, stockholders will vote on the adoption of the First Amendment to the Mangoceuticals, Inc. 2022 Equity Incentive Plan, which proposes to increase the share reserve and adjust the number of shares that may be issued. The Board unanimously recommends voting...Show More
Mangoceuticals, Inc. has announced a special meeting of stockholders to be held on March 25, 2024, to vote on several key proposals. The Board of Directors is extending an invitation to stockholders to attend the meeting at the company's headquarters in Dallas, Texas. Among the proposals, stockholders will consider an amendment to the company's Certificate of Formation to effect a reverse stock split of the company's outstanding common stock, with the exact ratio to be determined by the Board. Additionally, stockholders will vote on the adoption of the First Amendment to the Mangoceuticals, Inc. 2022 Equity Incentive Plan, which proposes to increase the share reserve and adjust the number of shares that may be issued. The Board unanimously recommends voting in favor of these proposals. Materials related to the meeting are available online, and stockholders are urged to review them and vote their shares. The meeting is crucial as the reverse stock split is aimed at maintaining compliance with Nasdaq's minimum bid price requirement, and the equity plan amendment is intended to enhance the company's ability to attract and retain talent.
Mangoceuticals, Inc.宣布将于2024年3月25日举行股东特别会议，对几项关键提案进行投票。董事会正在邀请股东参加在德克萨斯州达拉斯公司总部举行的会议。在这些提案中，股东将考虑修改公司的组建证书，对公司的已发行普通股进行反向股票分割，确切比率将由董事会决定。此外，股东将投票通过Mangoceuticals, Inc. 2022年股权激励计划第一修正案，该修正案提议增加股票储备并调整可能发行的股票数量。董事会一致建议对这些提案投赞成票。与会议相关的材料可在网上查阅，并敦促股东审查这些材料并对其股票进行投票。这次会议至关重要，因为反向股票拆分旨在保持对纳斯达克最低出价要求的遵守，而股权计划修正案旨在增强公司吸引和留住人才的能力。
Mangoceuticals, Inc.宣布将于2024年3月25日举行股东特别会议，对几项关键提案进行投票。董事会正在邀请股东参加在德克萨斯州达拉斯公司总部举行的会议。在这些提案中，股东将考虑修改公司的组建证书，对公司的已发行普通股进行反向股票分割，确切比率将由董事会决定。此外，股东将投票通过Mangoceuticals, Inc. 2022年股权激励计划第一修正案，该修正案提议增加股票储备并调整可能发行的股票数量。董事会一致建议对这些提案投赞成票。与会议相关的材料可在网上查阅，并敦促股东审查这些材料并对其股票进行投票。这次会议至关重要，因为反向股票拆分旨在保持对纳斯达克最低出价要求的遵守，而股权计划修正案旨在增强公司吸引和留住人才的能力。
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