other material
confidence high
sentiment neutral
materiality 0.60
Quest Patent Research 1-for-100 reverse split approved; authorized shares cut to 30M
QUEST PATENT RESEARCH CORP
- Stockholders approved a 1-for-100 reverse split of common stock, effective July 27, 2022.
- Authorized shares reduced from 10B to 30M; fractional shares rounded up to whole shares.
- Ticker QPRC temporarily changed to QPRCD for 20 days post-split.
- All director nominees elected; results show majority approval for auditor ratification.
- Amendment filed with Delaware to effect capital structure changes.