Company: EQS
Filing Date: 2025-05-12
Form Type: DEF 14A
Source: 0001712543-25-000028
Chunk: 67

Company: EQUUS TOTAL RETURN, INC.
Filing Date: 2025-05-12
Form: DEF 14A
Chunk 67
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 the number of shares of Common Stock into which the shares
of Common Stock represented by such certificate or book entry position has been combined, subject to the elimination of fractional interests
set forth above.”

5. This
Certificate of Amendment to the Certificate of Incorporation shall be effective as of 12:01 a.m. Central Time on ___________, 202__.

IN WITNESS WHEREOF, the Corporation has caused
this Certificate of Amendment to the Certificate of Incorporation to be signed by its Chief Executive Officer this
day of , 202__.

By: ________________________________

John A. Hardy

Chief Executive Officer

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| EQUUS TOTAL RETURN, INC. 
 700 LOUISIANA STREET     
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