Authorized shares increase
Company: Riot
The claim, verbatim
The number of authorized shares of Common Stock will be increased from 30,000,000 to 60,000,000 shares
Source (primary)
Riot DEF 14A filed 2005-09-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “increase the number of authorized shares of Common Stock from 30,000,000 shares to 60,000,000 shares”
How we checked this
Checked on September 30, 2026. The cited source supports part of this claim, but not all of it.
This proxy statement proposes the increase and asks shareholders to approve it. It does not show that the vote passed or that the amendment took effect.
Confirmed in the source:
- AspenBio's board approved an amendment to increase authorized Common Stock from 30,000,000 to 60,000,000 shares
- The amendment was put to a shareholder vote at the November 4, 2005 annual meeting
We could not confirm this from the cited source:
- That AspenBio's authorized Common Stock was actually increased to 60,000,000 shares (the proxy only seeks shareholder approval and does not report the outcome)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997305000678/aspenbio_defproxy.txt) in full (93,165 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot DEF 14A filed 2005-09-26
Quote: “increase the number of authorized shares of Common Stock from 30,000,000 shares to 60,000,000 shares”