Attached files
| file | filename |
|---|---|
| 10-K - DERMA SCIENCES, INC. | v178864_10k.htm |
| EX-31.1 - DERMA SCIENCES, INC. | v178864_ex31-1.htm |
| EX-21.1 - DERMA SCIENCES, INC. | v178864_ex21-1.htm |
| EX-32.2 - DERMA SCIENCES, INC. | v178864_ex32-2.htm |
| EX-31.2 - DERMA SCIENCES, INC. | v178864_ex31-2.htm |
| EX-32.1 - DERMA SCIENCES, INC. | v178864_ex32-1.htm |
| EX-23.1 - DERMA SCIENCES, INC. | v178864_ex23-1.htm |
Exhibit
3.07
ARTICLES
OF AMENDMENT
Article 3 of the articles of
incorporation of the corporation is amended in its entirety to read as
follows:
3. The
classes and number of shares which the corporation shall have the authority to
issue is:
|
|
(a)
|
Common
Stock. 18,750,000 shares of common
stock.
|
|
|
(b)
|
Preferred
Stock. 1,468,750 shares of preferred stock with such
designations, voting rights, preferences, limitations and special rights
as the Board of Directors may
direct.
|
Article
10 of the articles of incorporation of the corporation is amended in its
entirety to read as follows:
10. Combination and Reclassification of
Shares. Effective as of the close of business on the date of
filing in the Department of State of the Commonwealth of Pennsylvania of these
Articles of Amendment (the "Effective Time"), (i) each eight issued and
outstanding shares of Common Stock shall thereupon be combined into and
reclassified as one share of validly issued, fully paid and nonassessable Common
Stock, (ii) each eight issued and outstanding shares of Series A Convertible
Preferred Stock shall thereupon be combined into and reclassified as one share
of validly issued, fully paid and nonassessable Series A Convertible Preferred
Stock, (iii) each eight issued and outstanding shares of Series B Convertible
Preferred Stock shall thereupon be combined into and reclassified as one share
of validly issued, fully paid and nonassessable Series B Convertible Preferred
Stock, (iv) each eight issued and outstanding shares of Series C Convertible
Preferred Stock shall thereupon be combined into and reclassified as one share
of validly issued, fully paid and nonassessable Series C Convertible Preferred
Stock, and (v) each eight issued and outstanding shares of Series D Convertible
Preferred Stock shall thereupon be combined into and reclassified as one share
of validly issued, fully paid and nonassessable Series D Convertible Preferred
Stock. The par value of the Common Stock, the Series A Convertible
Preferred Stock, the Series B Convertible Preferred Stock, the Series C
Convertible Preferred Stock, and the Series D Convertible Preferred Stock shall
not be affected by the foregoing combination of shares. Each stock
certificate that prior to the Effective Time represented shares of Common Stock,
Series A Convertible Preferred Stock, Series B Convertible Preferred Stock,
Series C Convertible Preferred Stock and Series D Convertible Preferred Stock
shall, following the Effective Time, represent the number of shares of Common
Stock, Series A Convertible Preferred Stock, Series B Convertible Preferred
Stock, Series C Convertible Preferred Stock and Series D Convertible Preferred
Stock into which the shares represented by such certificate shall be
combined. The Corporation shall not issue fractional shares or scrip
as the result of the combination of shares, but shall issue to the record
holders of Common Stock, Series A Convertible Preferred Stock, Series B
Convertible Preferred Stock, Series C Convertible Preferred Stock and Series D
Convertible Preferred Stock that number of shares obtained by rounding
fractional shares otherwise issuable pursuant to the foregoing combination to
the next higher number of whole shares.