New Hampshire Proposal to Amend Restated Certificate of Incorporation Regarding Increasing Authorized Number of Shares of Common Stock The New Hampshire Proposal to amend the Restated Certificate of Incorporation aims to revise and enhance the existing provisions related to the authorized number of shares of common stock for businesses registered in the state of New Hampshire. This proposal intends to increase the authorized number of shares of common stock, allowing corporations to have greater flexibility in their capital structure and potential for growth. By modifying the Restated Certificate of Incorporation, companies will be able to raise additional capital more effectively, respond to market demands swiftly, and attract potential investors. Increasing the authorized number of shares of common stock expands the potential for equity financing, enabling businesses to access resources required for expanding operations, funding research and development, or pursuing strategic acquisitions. The New Hampshire Proposal recognizes the importance of aligning the restated certificate of incorporation with the changing market dynamics and corporate needs. By providing corporations with the ability to adjust their authorized capital, it facilitates the support of sustainable growth, innovation, and competitiveness within the state's business environment. Key Benefits of the New Hampshire Proposal to Amend Restated Certificate of Incorporation: 1. Flexibility for Capital Structure: By increasing the authorized number of shares of common stock, corporations can better structure their capital through equity financing. This flexibility allows them to react more swiftly to market changes and seize growth opportunities. 2. Attracting Investors: A higher authorized number of shares of common stock could attract potential investors by demonstrating a corporation's commitment to potential expansion and growth. This could improve funding prospects, encouraging more cautious investors to participate and accelerating the company's overall progress. 3. Capital Expansion: Increasing the authorized number of shares facilitates effective capital expansion, enabling corporations to invest in research and development, expand their market presence, or pursue mergers and acquisitions that align with their long-term strategies. Different Types of Proposals to Amend Restated Certificate of Incorporation: 1. Non-Voting Common Stock Proposal: This proposal suggests increasing the authorized number of non-voting common shares, providing investors with an opportunity to invest in the corporation while limiting their voting rights. It offers a means to raise capital without diluting the control of existing shareholders. 2. Voting Common Stock Proposal: This proposal aims to increase the authorized number of voting common shares. It enables new shareholders to participate in the company's decision-making processes while raising additional capital. This type of amendment allows for a broader shareholder base and potentially increased corporate governance perspectives. In conclusion, the New Hampshire Proposal to amend the Restated Certificate of Incorporation regarding increasing the authorized number of shares of common stock aims to empower businesses with enhanced flexibility in managing their capital structure, facilitating growth, attracting investors, and maintaining a competitive edge in the state's business landscape.