For the bedwetters club, those sellers whom fear a sudden reverse split, 1:5, 1:10, why not 1:100?...this is nothing more than a re-up of a previously passed resolution, that the board must table to keep in force and exercisable, especially since they've just did a raise round of approx. $14mm!
If you knew your history, on 2/17/2021 The special resolution authorizing the Board amend the articles of Electrovaya Inc. to permit a possible consolidation of the Company's issued and outstanding common shares was passed with 94.76% voting in favour and 5.24% voting against the resolution.