Company: AEMD
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001683168-25-002685
Chunk: 26

Company: AETHLON MEDICAL INC
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 26
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 our common stock.

Our common stock is currently registered under Section 12(b)
of the Exchange Act, and we are subject to the periodic reporting and other requirements of the Exchange Act. The implementation of any
proposed Reverse Stock Split will not affect the registration of our common stock under the Exchange Act. Our common stock would continue
to be listed on The Nasdaq Capital Market under the symbol “AEMD” immediately following the Reverse Stock Split, although
it is likely that Nasdaq would add the letter “D” to the end of the trading symbol for a period of twenty trading days after
the effective date of the Reverse Stock Split to indicate that the Reverse Stock Split had occurred.

Effective Time

The proposed Reverse Stock Split would become effective
as of the date and time determined by our Board of Directors and specified in the resolutions approving the actual Reverse Stock Split,
which time we refer to in this Proposal 1 as the Effective Time. Effective as of the Effective Time, shares of common stock issued
and outstanding immediately prior thereto will be combined, automatically and without any action on the part of us or our stockholders,
into a lesser number of new shares of our common stock in accordance with the Reverse Stock Split ratio determined by our Board of Directors
within the limits set forth in this Proposal 1. See “Share Issuance In Lieu of Fractional Shares” below regarding the treatment
of any fractional shares.

Share Issuance In Lieu of Fractional Shares

No fractional shares of common stock will be issued
as a result of any reverse stock split of our common stock, whether the Reverse Stock Split (if approved by our stockholders pursuant
to this Proposal 1 and implemented by our Board of Directors), or a reverse stock split effectuated by our Board of Directors without
stockholder approval pursuant to NRS 78.207. Instead, in lieu of any fractional shares to which a stockholder of record would otherwise
be entitled as a result of the Reverse Stock Split, pursuant to NRS 78.205(2)(b), we will issue to such stockholder such additional fraction
of a share as is necessary to increase such resulting fractional share to a full share of common stock. For example, if as a result of
a reverse stock split a record stockholder would otherwise be entitled to hold 15.3 shares of our common stock after giving effect to
the Reverse Stock Split, such stockholder would instead hold 16 shares of our common stock.

Record and Beneficial Stock