On October 25, VirnetX Filed A Certificate Of Amendment To The Co's Amended And Restated Certificate Of Incorporation With The Secretary Of State Of The State Of Delaware To Effect A 1-For-20 Reverse Stock Split, To Trade On Adjusted Basis On October 26
On October 25, VirnetX Filed A Certificate Of Amendment To The Co's Amended And Restated Certificate Of Incorporation With The Secretary Of State Of The State Of Delaware To Effect A 1-For-20 Reverse Stock Split, To Trade On Adjusted Basis On October 26
On October 25, 2023, VirnetX Holding Corporation (the "Company") filed a certificate of amendment to the Company's Amended and Restated Certificate of Incorporation (the "Charter Amendment") with the Secretary of State of the State of Delaware to effect a 1-for-20 reverse stock split (the "Reverse Stock Split") of the shares of the Company's common stock outstanding or held in treasury, par value $0.0001 per share, effective as of 4:00 p.m., Eastern Time, on October 25, 2023 (the "Effective Time"). The Company's common stock is expected to begin trading on a reverse-split-adjusted basis on the New York Stock Exchange ("NYSE") as of the open of trading on October 26, 2023 under the existing ticker symbol "VHC". The CUSIP number for the Company's common stock will change to 92823T 207 following the Reverse Stock Split.
2023年10月25日，VirnetX Holding Corporation（以下簡稱“VirnetX”）公司“）提交了公司修訂和重述公司註冊證書的修訂證書（“憲章修正案“）與特拉華州州務卿達成20對1的反向股票分割（“反向拆分股票“）公司普通股的流通股或庫存股，每股面值0.0001美元，自下午4時起生效，美國東部時間2023年10月25日（“有效時間“）.該公司的普通股預計將開始在紐約證券交易所（“紐交所”）截至2023年10月26日開盤交易，現有股票代碼為“VHC”。反向股票分割後，公司普通股的CUSIP編號將更改為92823T 207。
The Company's stockholders approved the Reverse Stock Split and granted the Company's board of directors (the "Board") the authority to determine to proceed with the Reverse Stock Split at a Special Meeting of Stockholders held on October 24, 2023 (the "2023 Special Meeting"). Additional information about the stockholder vote is provided under Item 5.07 of this report, below. Following the 2023 Special Meeting, the Board determined to effect the Reverse Stock Split.
公司股東批准了反向股票分割，並授予公司董事會（“衝浪板“）在2023年10月24日舉行的股東特別會議上決定進行反向股票分割的權力（“2023特別會議“）.關於股東投票的更多資訊見下文本報告第5.07項。於二零二三年特別會議後，董事會決定進行反向股份分拆。
As of the Effective Time, every 20 shares of the Company's common stock outstanding or held in treasury will be combined into one share of common stock outstanding or held in treasury. The total number of authorized shares of common stock will remain unchanged at 100,000,000. The par value of the Company's common stock will remain unchanged at $0.0001 per share. No scrip or fractional shares would be issued if, as a result of the Reverse Stock Split, a registered stockholder would otherwise become entitled to a fractional share. Instead, any fractional shares of common stock that would otherwise be issuable as a result of the Reverse Stock Split will be paid out in cash, with reference to the closing price of the common stock as reported on NYSE as of the Effective Time (as adjusted to give effect to the Reverse Stock Split), without interest.
自生效時間起，公司每20股已發行或庫存持有的普通股將合併為一股已發行或庫存持有的普通股。普通股的授權股份總數將保持不變，為100，000，000股。公司普通股的面值將保持不變，為每股0.0001美元。如果由於反向股票分割，登記股東將有權獲得零碎股份，則不會發行任何代息股份或零碎股份。相反，由於反向股票分割而發行的普通股的任何零碎股份將以現金支付，參考紐約證券交易所截至生效時間（經調整以使反向股票分割生效）報告的普通股收盤價，不計利息。
As of the Effective Time, proportional adjustments to reflect the Reverse Stock Split will also be made to the number of shares of common stock issuable upon the exercise of the Company's stock options, the number of shares issuable pursuant to outstanding restricted stock units, the number of shares authorized and reserved for issuance pursuant to the Company's equity incentive plan and the number of shares issuable upon exercise of that certain warrant that was issued in 2020. The exercise prices of outstanding stock options, warrant, and equity awards will also be proportionately adjusted, as applicable.
自生效時間起，還將對行使公司股票期權時可發行的普通股數量、根據已發行限制性股票單位可發行的股份數量、根據本公司股權激勵計劃授權預留發行的股份數量及行使時可發行的股份數量於二零二零年發行的若干權證。未行使的股票期權、認股權證和股權獎勵的行使價也將按比例調整（如適用）。