Linkedin stock split1/31/2024 BIOLASE's innovative products provide cutting-edge technology at competitive prices to deliver superior results for dentists and patients. ![]() BIOLASE's proprietary laser products incorporate approximately 301 patented and 38 patent-pending technologies designed to provide biologically and clinically superior performance with less pain and faster recovery times. ![]() BIOLASE's products advance the practice of dentistry and medicine for patients and healthcare professionals. After such sale, Computershare will pay to each holder of record such stockholder's pro rata share of the net proceeds derived from the sale of the fractional interest to which such holder would otherwise be entitled.įor more information on the reverse stock split, please refer to BIOLASE's proxy materials for the Apannual meeting of stockholders, which can be accessed through the investor portion of BIOLASE's website at and on the SEC's EDGAR website, About BIOLASE, Inc.īIOLASE is a medical device company that develops, manufactures, markets, and sells laser systems in dentistry and medicine. Rather, Computershare will aggregate all fractional shares and arrange for them to be sold in a timely manner after the effective time of the reverse stock split at the then prevailing prices on the Nasdaq Capital Market. Computershare Trust Company, N.A., the transfer agent for Company common stock, will act as the exchange agent, and can be contacted at (800) 546-5141.īIOLASE will not issue fractional shares that result from the reverse stock split. Record holders of Company common stock will receive a transaction statement with respect to the exchange of such shares for post-reverse split shares. The Nasdaq Capital Market requires, among other things, that a listing a company's common stock maintain a minimum bid price of at least $1.00 per share.Īt the effective time of the reverse stock split, BIOLASE stockholders will receive one new share of Company common stock for every 25 shares held. The purpose of the 1-for-25 reverse stock split is to raise the per-share trading price of the Company's common stock to allow for its continuous listing on the Nasdaq Capital Market, among other benefits. There will be no change to the total number of authorized shares of Company common stock as set forth in the Restated Certificate of Incorporation of the Company, as amended. Proportional adjustments will be made to the number of shares of BIOLASE's common stock issuable upon exercise or conversion of BIOLASE's outstanding equity awards and warrants, as well as the applicable exercise price. In court documents, Holmes said the injury happened after she bought her four-year-old daughter a Chicken McNugget Happy Meal at a Tamarac McDonald's drive-thru in 2019.The 1-for-25 reverse stock split will reduce the number of outstanding shares of Company common stock from approximately 154 million shares to approximately 6.2 million shares. "Our community here in South Florida should remain confident that we will continue serving safe and high-quality meals, just as we've done for more than 50 years at Upchurch Management restaurants." "We are deeply disappointed with today's verdict because the facts show that our restaurant in Tamarac, Florida did indeed follow those protocols when cooking and serving this Happy Meal," Upchurch added. "That's why our restaurant follows strict rules in accordance with food safety best practices when it comes to cooking and serving our menu items, including Chicken McNuggets." "Our sympathies go out to this family for what occurred in this unfortunate incident, as we hold customer safety as one of our highest priorities," the franchise's operator Brent Upchurch told Local 10. ![]() Our customers should continue to rely on McDonald's to follow policies and procedures for serving Chicken McNuggets safely." "This was an unfortunate incident, but we respectfully disagree with the verdict. Together with our franchisees, for nearly 70 years, we have consistently served customers safe, high-quality food using strict policies and procedures," McDonald's told Miami new station Local 10 in a statement. "We take every complaint seriously and certainly those that involve the safety of our food and the experiences of our customers. Account icon An icon in the shape of a person's head and shoulders.
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