Stock Titan Regulatory and legal
Cardiff Oncology (CRDF) asks investors to double authorized common shares
Cardiff Oncology (CRDF) is seeking stockholder approval to significantly increase its authorized capital stock, specifically doubling its common stock from 150 million to 300 million shares. This move aims to provide the company with greater flexibility for future financings, strategic transactions, equity incentives, and other corporate purposes, though it acknowledges potential dilution for existing stockholders. The board unanimously …