Applied dna sciences, inc. amends certificate of incorporation
At a special meeting of stockholders held on october 31, 2019, the stockholders of applied dna sciences, inc. (the "company") authorized the board of directors of the company (the "board"), in its discretion, to amend the company's certificate of incorporation, as amended (the "certificate of incorporation"), to effect a reverse split of the company's outstanding common stock, par value $0.001 (the "common stock"), at a ratio between one-for-fifteen (1:15) and one-for-fifty (1:50), with such final ratio to be determined by the board. the board determined to set the reverse stock split ratio at one-for-forty (1:40) (the "reverse stock split") and approved the final form of the certificate of amendment to the certificate of incorporation to effectuate the reverse stock split (the "certificate of amendment"). the certificate of amendment was filed with the secretary of state of the state of delaware on october 31, 2019, and the reverse stock split will become effective in accordance with the terms of the certificate of amendment at 12:01 a.m. eastern time on november 1, 2019 (the "effective time").
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