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Matinas BioPharma Doubles Authorized Common Shares To 500M Following Shareholder Approval

Benzinga·08/06/2025 22:19:44
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Item 5.03 Amendments to Articles of Incorporation or Bylaws; Changes in Fiscal Year.

 

On August 6, 2025, Matinas BioPharma Holdings, Inc. (the "Company") filed a Certificate of Amendment (the "Certificate of Amendment") to the Company's Certificate of Incorporation, as amended, with the Secretary of State of the State of Delaware to increase the number of authorized shares of the Company's common stock from 250,000,000 shares to 500,000,000 shares. The Certificate of Amendment was approved by the Company's stockholders at the 2025 annual meeting on June 23, 2025 and became effective upon filing.