Vapor Corp. proposes stock split

Vapor Corp. proposes stock split

January 14, 2016

Vapor Corp. will ask stockholders to approve two amendments to its Amended and Restated Certificate of Incorporation during a special meeting at its corporate office on Jan. 28.

The company is proposing a reverse stock split at a ratio between 1-for-10 and 1-for-70 shares of common stock to be determined by the board and a change in the par value of the common stock from $0.001 to $0.0001.

It is also seeking an amendment to increase the number of authorized shares of common stock from 500,000,000 shares, par value $0.001, to 5,000,000,000, par value $0.0001.

Based in Dania Beach, Florida, USA, Vapor Corp. is a distributor and retailer of vaporizers, e-liquids, e-cigarettes and e-hookahs.

Category: Breaking News

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