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Mangoceuticals, Inc., a Texas-based pharmaceutical company, has announced a special meeting of stockholders to consider and vote on several key proposals. The meeting, scheduled for a yet-to-be-determined date in 2024, will address a proposed reverse stock split of the company's outstanding common stock, the adoption of the First Amendment to the Mangoceuticals, Inc. 2022 Equity Incentive Plan, and the potential adjournment of the meeting if necessary to solicit additional proxies. The reverse stock split aims to maintain compliance with Nasdaq's minimum bid price requirement by reducing the number of shares outstanding, thereby increasing the per-share price. The amendment to the equity incentive plan seeks to increase the share reserve and the number of shares that may be issued under the plan, which is crucial for attracting and retaining key personnel. The board unanimously recommends voting in favor of all proposals.
Mangoceuticals, Inc., a Texas-based pharmaceutical company, has announced a special meeting of stockholders to consider and vote on several key proposals. The meeting, scheduled for a yet-to-be-determined date in 2024, will address a proposed reverse stock split of the company's outstanding common stock, the adoption of the First Amendment to the Mangoceuticals, Inc. 2022 Equity Incentive Plan, and the potential adjournment of the meeting if necessary to solicit additional proxies. The reverse stock split aims to maintain compliance with Nasdaq's minimum bid price requirement by reducing the number of shares outstanding, thereby increasing the per-share price. The amendment to the equity incentive plan seeks to increase the share reserve and the number of shares that may be issued under the plan, which is crucial for attracting and retaining key personnel. The board unanimously recommends voting in favor of all proposals.
总部位于德克萨斯州的制药公司Mangoceuticals, Inc. 宣布召开股东特别会议，以审议和投票表决几项关键提案。该会议定于2024年举行，日期尚未确定，将讨论公司已发行普通股的反向股票拆分的提议、Mangoceuticals, Inc.2022年股权激励计划第一修正案的通过，以及在必要时可能休会以寻求更多代理人。反向股票拆分旨在通过减少已发行股票数量来保持对纳斯达克最低出价要求的遵守，从而提高每股价格。股权激励计划的修正案旨在增加股票储备和根据该计划可能发行的股票数量，这对于吸引和留住关键人员至关重要。董事会一致建议对所有提案投赞成票。
总部位于德克萨斯州的制药公司Mangoceuticals, Inc. 宣布召开股东特别会议，以审议和投票表决几项关键提案。该会议定于2024年举行，日期尚未确定，将讨论公司已发行普通股的反向股票拆分的提议、Mangoceuticals, Inc.2022年股权激励计划第一修正案的通过，以及在必要时可能休会以寻求更多代理人。反向股票拆分旨在通过减少已发行股票数量来保持对纳斯达克最低出价要求的遵守，从而提高每股价格。股权激励计划的修正案旨在增加股票储备和根据该计划可能发行的股票数量，这对于吸引和留住关键人员至关重要。董事会一致建议对所有提案投赞成票。
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