No fractional shares will be issued as a result of the Consolidation.
- No fractional shares will be issued as a result of the Consolidation.
- Each fractional share remaining after consolidation that is less than 1/2 of a share will be cancelled and each fractional share that is at least 1/2 of a share will be rounded up to one whole share.
- Each shareholder will hold the same percentage of common shares outstanding immediately after the Consolidation as such shareholder held immediately prior to the Consolidation.
- Registered shareholders holding physical share certificates will receive by mail a letter of transmittal advising of the Consolidation and containing instructions.