Cryptyde, Inc.
Extract: Charter Amendment (Plain English Desc) from a 8-K on 03/16/2023   Download
SEC Document
SEC Filing

On March 16, 2023, Cryptyde, Inc. (the “Company”) filed a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Certificate of Incorporation (the “Certificate of Incorporation”) with the Secretary of State of Delaware to increase the number of authorized shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) from 250,000,000 to 500,000,000 and to make a corresponding change to the number of authorized shares of capital stock, effective as of 4:05 p.m. (New York time) on March 16, 2023 (the “Increase of Authorized Shares”). As reported below under Item 5.07 of this report, the Company held a special meeting of stockholders on March 15, 2023 (the “Special Meeting”), at which meeting the Company’s stockholders approved an amendment to the Certificate of Incorporation to authorize the Company’s Board of Directors (the “Board”), at the Board’s discretion, to effect the Increase of Authorized Shares. Following the Special Meeting, the Board determined to effect the Increase of Authorized Shares.