Ensysce Biosciences Reminds Shareholders to Vote at Upcoming Special Meeting

About this update from Ensysce Biosciences, Inc.

[{"type":"text","content":"~ Special Meeting to be Held Virtually on Thursday, September 8th at 9:00 AM PT ~SAN DIEGO, CA / ACCESSWIRE / September 6, 2022 / Ensysce Biosciences, Inc. (\"Ensysce\" or the \"Company\") (NASDAQ:ENSC)(OTC PINK:ENSCW), a clinical-stage biotech company applying transformative chemistry to improve prescription drug safety to reduce abuse and overdose, today reminds shareholders to vote on or before the upcoming annual shareholder meeting on Thursday, September 8th at 9:00 AM PT/12:00 PM ET. This meeting will be held virtually, using the weblink https://agm.issuerdirect.com/ensc, for the following purposes:To approve, for purposes of complying with Nasdaq Listing Rule 5635(d), the full issuance and exercise of shares of common stock issued by the Company to certain investors.The Board of Directors recommends that stockholders vote \"FOR\" the Issuance ProposalTo approve an amendment to our Certificate of Incorporation to authorize the Company's Board of Directors to combine outstanding shares of the Company's common stock into a lesser number of outstanding shares, a \"Reverse Stock Split,\" by a ratio of not less than one-for-five and not more than one-for-twenty, with the exact ratio to be set within this range by the Board in its sole discretion.The Board of Directors recommends that stockholders vote \"FOR\" the Reverse Stock Split ProposalTo approve an amendment to the Company's certificate of incorporation to effect an increase in the number of authorized shares of common stock.The Board of Directors recommends that stockholders vote \"FOR\" the Authorized Shares Increase ProposalTo consider and vote upon the adjournment of the Special Meeting, if necessary or appropriate, to solicit additional proxies in favor of any or all of the other proposals.To transact such other business as may properly come before the meeting or any adjournments or postponements thereof.What is the purpose of the Special Meeting?At the Special Meeting, the stockholders will act upon the matters outlined in the Notice of Special Meeting of Stockholders.Who can vote at the Special Meeting?Only stockholders of record at the close of business on July 18, 2022 (the \"Record Date\"). Each stockholder will be entitled to cast one vote on the proposal presented at the Special Meeting for each share of common stock that such holder owned as of the Record Dat...

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