Collin Texas Proposal to Amend Articles of Incorporation: Introducing a Reverse Stock Split and Share Dividend Collin Texas Corporation is looking to initiate a significant change in its stock structure by proposing an amendment to its articles of incorporation. This proposal aims to implement a reverse stock split of common stock and authorize a share dividend to enhance its overall equity structure and increase shareholder value. A reverse stock split is a method that involves reducing the number of outstanding shares, providing a proportional increase in the stock's price per share. This strategy often motivates investors by promoting ease of trading and reducing price volatility. Collin Texas believes that a reverse stock split will encourage increased investor confidence, potential institutional investment, and improve the company's marketability. Furthermore, the proposal also includes an authorization for a share dividend on common stock. A share dividend entails distributing additional shares to existing shareholders, proportional to their existing holdings. This initiative not only offers shareholders tangible benefits but also signifies the company's commitment to rewarding investor loyalty. By implementing a reverse stock split and authorizing a share dividend, Collin Texas aims to accomplish several key objectives. Firstly, this process will streamline the company's capital structure, making it more attractive to potential investors and stakeholders. Secondly, it provides an opportunity to boost the stock's liquidity and market value, potentially attracting new shareholders to contribute to the company's financial growth. Lastly, the share dividend offers a tangible way to reward existing shareholders for their continued support and confidence in Collin Texas. Different Types of Collin Texas Proposal to Amend Articles of Incorporation: 1. Reverse Stock Split: The primary focus of this proposal is to initiate a reverse stock split, aiming to consolidate the outstanding shares of common stock and increase the price per share. 2. Authorized Share Dividend: In addition to the reverse stock split, the proposal also seeks authorization for a share dividend on common stock. This will distribute additional shares to existing shareholders based on their current holdings, serving as a tangible reward for their loyalty and support. In conclusion, Collin Texas Corporation's proposal to amend its articles of incorporation through a reverse stock split and share dividend demonstrates the company's commitment to enhancing shareholder value and solidifying its capital structure. The implementation of these strategies aims to attract new investors, increase marketability, and reward existing shareholders for their continued support.