On November 16, 2020, holders of the majority of the voting power of the outstanding stock of KULR Technology Group, Inc. (the “Company”), voted in favor of a reverse split of the Company’s issued and outstanding common stock at a ratio no greater than 1-for-8, which ratio shall be designated at the sole discretion of the Company’s Board of Directors (the “Board”) at the appropriate time (the “Reverse Split”). The Board’s authority to designate the ratio and timing of the Reverse Split expires on November 16, 2021 and does not assure that the Board will exercise its authority to effectuate the Reverse Split.

https://sec.report/Document/0001104659-20-125661/