The following excerpt is from the company's SEC filing.
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 5.03 AMENDEMENTS TO ARTICLES OF INCORPORATION OR BYLAWS
On June 3, 2015, Bemax Inc. (the "Company") filed a Certificate of Amendment with the Nevada Secretary of State (th e "Nevada SOS") whereby it amended its Articles of Incorporation by increasing the Company's authorized number of shares of common stock from 70 million to 500 million and increasing all of its issued and outstanding shares of common stock at a ratio of fifteen (50) shares for every one (1) share held. The Company's Board of Directors approved this amendment on June 1, 2015 and shareholders holding 77.29% of the Company's issued and outstanding shares approved this amendment via a written consent executed on June 2, 2015.
On June 5, 2015, the Company filed an Issuer Company-Related Action Notification Form with FINRA requesting that the aforementioned forward split be effected in the market. Such notification form is being reviewed by FINRA.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DATE: June 8, 2015
By: /s/ Taiwo Aimasiko
Name: Taiwo Aimasiko
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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