If the stockholders approve the Charter Amendment, when would VirnetX implement the reverse stock split?
A: We currently expect that the reverse stock split will be implemented as soon as practicable after the receipt of the requisite stockholder approval. However, our Board of Directors will have the discretion to abandon the reverse stock split if it does not believe it to be in the best interests of VirnetX and our stockholders.
Reverse split vote is on Oct. 23.
SC Response to VHC Petition Review Request of CAFC/PTAB decision is due Oct. 27.
*Response is Due October 27, 2023*
NYSE Deadline for minimum price is Nov. 12.