Navigation Links
Spherix Incorporated to Seek Stockholder Approval of Reverse Stock Split
Date:9/8/2008

BETHESDA, Md., Sept. 8 /PRNewswire-FirstCall/ -- Spherix Incorporated (Nasdaq: SPEX) announced that it will seek stockholder approval to implement a reverse stock split at a Special Meeting of Stockholders on November 17, 2008, in an effort to meet the minimum per share market price requirements for continued listing on the NASDAQ Global Market. The date for determining stockholders of record entitled to receive notice of, and to vote at, the Special Meeting is September 19, 2008.

A definitive proxy statement containing important stockholder information regarding the proposed reverse stock split will be mailed to all stockholders on or about September 26, 2008. Copies of the proxy statement will also be available at no charge from the Securities and Exchange Commission's website at http://www.sec.gov. Stockholders are urged to read the proxy statement prior to submitting their vote.

The Company believes that a reverse stock split, which should result in a higher per share price and a corresponding lower number of total shares issued and outstanding at the time of implementation, should help increase the marketability of its stock to a broader range of potential new investors and enable the Company to attain the minimum $1.00 per share bid price for its common stock.

The Company's Board of Directors is asking the stockholders to vote on and approve a proposal to effect a reverse split of the Company's common stock within a range of 1:5 to 1:20. The stockholders are being asked to grant authority to the Board of Directors to determine, in its discretion, the actual ratio of the reverse stock split immediately prior to the effective date of the reverse stock split, and when
'/>"/>

SOURCE Spherix Incorporated
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Market Research Shows Spherixs Naturlose(R) Readily Accepted by Diabetes Patients
2. Aflac Incorporated to Webcast Tokyo Analysts Meeting
3. Aflac Incorporated To Present at the Keefe, Bruyette & Woods 2008 Insurance Conference
4. Vertrue Incorporated and Feed The Children Join Forces to Give Away $1 Million in Aid to Families in Need
5. Accuray Incorporated to Report Fourth Quarter and Fiscal Year 2008 Financial Results
6. Accuray Incorporateds CEO to Speak at Jefferies Second Annual Healthcare Conference
7. Aflac Incorporated to Present at the Sanford C. Bernstein & Co., LLC Twenty-Fourth Annual Strategic Decisions Conference 2008
8. Aflac Incorporated to Webcast 2008 Financial Analysts Briefing
9. ViroPharma Incorporated Reports First Quarter 2008 Financial Results
10. Accuray Incorporateds CEO to Present at Morgan Stanley 2008 Global Healthcare Unplugged Conference
11. Aflac Incorporated Announces First Quarter Results, Declares Second Quarter Cash Dividend
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/22/2015)... May 22, 2015 Coordinating care ... difficult process. Historically providers have not been reimbursed ... Starting in 2015, Medicare has paved the way ... Thanks to the launch of Oculus Health ... health systems using the platform will now be ...
(Date:5/22/2015)... ZH Healthcare (ZH), a ... that Bill Lane, joins ZH’s Advisory Board. ... first of its kind, Freemium SaaS, Electronic Health ... Records (EHR) with an integrated practice management system ... portal, and more. Combined with its Revenue Cycle ...
(Date:5/22/2015)... sweetFrog Enterprises, LLC. is pleased to announce the opening of ... 16th sweetFrog store located in the Lone Star State. The ... Inc. 500 list of fastest growing companies in 2014. ... for 20 years and love the natural beauty and friendly ... Palestine, sweetFrog locations. “We are really excited about giving back ...
(Date:5/22/2015)... AZ (PRWEB) May 22, 2015 In ... Olympics, Parker and Sons is offering to donate $5 ... installing an AC unit or water softening system. Customers ... behalf; Parker and Sons gets business; and the Special ... , The Special Olympics helps over 4.4 million athletes, ...
(Date:5/22/2015)... Bryce Henson, local fitness icon and owner ... recently accepted his program’s 100th client. Henson says that ... his location evidences the powerful impact his boot camp ... Boot Camp is the nation’s most popular and fastest ... locations across North America, Europe and Australia. Anaheim Fit ...
Breaking Medicine News(10 mins):Health News:Oculus Health Care Coordination Platform Officially Launched 2Health News:Oculus Health Care Coordination Platform Officially Launched 3Health News:Oculus Health Care Coordination Platform Officially Launched 4Health News:ZH Healthcare Adds Bill Lane to Advisory Board 2Health News:sweetFrog Opens New Location in Jacksonville, Texas 2Health News:Parker and Sons is Proud to Support the Special Olympics with Their Everybody Wins Program 2Health News:Healthy Living Brought to Anaheim— New Fitness Boot Camp Acquires 100 Clients 2
... of 60 are the fastest-growing group in the sport. A new ... can remain fast as they age, too. The study, published ... that the running economy how efficiently the body uses oxygen ... than that of younger runners. "That really jumped off the page. ...
... , TUESDAY, Nov. 29 (HealthDay News) --,When a friend lets them ... study suggests. It included 267 fourth- and fifth-grade students in ... in which a friend had violated a core expectation of friendship, ... to do their part on a joint school project. Girls ...
... study the effects of soccer ,heading, researchers have found that ... abnormalities similar to those found in traumatic brain injury (TBI) ... annual meeting of the Radiological Society of North America (RSNA). ... with their head, is an essential part of the game ...
... study published today in the international journal Addiction ... hours seem to affect the number of violent incidents. The ... led to an increase of an average of 20 violent ... This represents an increase in violence of approximately 16 percent. ...
... second, larger clinical research study led by breast cancer specialists ... a new biopsy of progressing or recurring cancer with that ... The results are published online today ahead of ... Principal investigator Dr. Eitan Amir, medical oncologist in the PMH ...
... Department of Radiology at NYU Langone Medical Center will ... 97th Scientific Assembly and Annual Meeting of the Radiology ... - December 2, 2011. Experts are available to comment ... and its application for specific conditions. Presentations include: ...
Cached Medicine News:Health News:Study: No decline in running economy for older runners 2Health News:'Heading' a soccer ball could lead to brain injury 2Health News:Norwegian study finds opening bars longer increases violence 2Health News:New study shows biopsy of recurrent breast cancer can alter treatment 2Health News:NYU Langone experts present at annual meeting of Radiological Society of North America 2
(Date:5/22/2015)... 2015  The U.S. Food and Drug Administration,s ... first biosimilar product approved in the ... in the contract manufacturing organization (CMO) industry, according ... geared to the production of small-molecular drugs and ... The healthcare market research publisher,s report, Biopharmaceutical ...
(Date:5/22/2015)... , May 20, 2015 Research and ... the "Guide to Prepare Application Dossiers for ... (2014 Edition) " report to their offering. ... one of segment market of the most growth ... medical device manufacturers and producers to penetrate such ...
(Date:5/22/2015)... 2015 Richmond Pharmacology is ... with a worldwide reputation for excellence in clinical ... in peer reviewed medical journals. Its officers are ... in discussions about rules for transparency and publication ... http://photos.prnewswire.com/prnh/20150522/745125) , Clinical research is conducted ...
Breaking Medicine Technology:Kalorama: First FDA-Approved Biosimilar Brings Hope for CMO Growth 2Kalorama: First FDA-Approved Biosimilar Brings Hope for CMO Growth 3Kalorama: First FDA-Approved Biosimilar Brings Hope for CMO Growth 4China Guide to Prepare Application Dossiers for Oversea Medical Device Registration and Recordation 2China Guide to Prepare Application Dossiers for Oversea Medical Device Registration and Recordation 3
Used for the retrieval of stones, stents, or other objects in the urinary tract under direct vision. Retrieval Forceps are designed for use through rigid or flexible endoscopes. Supplied sterile in p...
... technology allows the grasper ... a shorter length and ... the stone. The Unidex ... one-handed operation. Supplied sterile ...
Bugbee Fulgurating...
Fulgurating Electrode, 2 F...
Medicine Products: