Benzinga | Nov 17, 2021 04:21PM EST

BIOLASE Issues Release Urging Shareholders To Vote FOR Reverse Stock Split

The BIOLASE Special Meeting of Stockholders is Scheduled for This Coming Friday, November 19, 2021

FOOTHILL RANCH, Calif., Nov. 17, 2021 /PRNewswire/ -- BIOLASE, Inc. (NASDAQ:BIOL), the global leader in dental lasers, encourages stockholders to vote TODAY "FOR" the amendment to the BIOLASE, Inc. Certificate of Incorporation to effect a reverse stock split (without reducing the authorized number of shares of common stock) (the "amendment" or the "reverse stock split"). The special meeting of BIOLASE stockholders is scheduled to be held at 10:00 a.m. Pacific Time on Friday, November 19, 2021.



With the special meeting only days away, BIOLASE stockholders are urged to vote now online or by telephone to ensure their shares are represented at the special meeting. It is critical that stockholders vote, no matter how many shares they own. The reverse stock split will not affect stockholders' percentage ownership of BIOLASE.

Our Board Strongly Recommends That Stockholders Approve the Amendment. Approving the amendment will:

* Help ensure continued listing of our common stock on The Nasdaq Capital Market,

* Attract institutional investors and promote greater liquidity for our stockholders,

* Enable us to offer equity compensation to employees and other service providers (and, thus, conserve cash), and

* Provide that shares of common stock are authorized and available for future uses.

Leading Proxy Advisory Firms Institutional Shareholder Services and Glass, Lewis & Co., LLC Have Each Recommended That Stockholders Vote "FOR" the Reverse Stock Split.[1]

Stockholders can vote by following the easy instructions on the proxy card. If you have already submitted a proxy, you may change your vote prior to the special meeting by voting again using the same materials. Only your latest dated vote counts. If you hold at Robinhood, look for an email from Proxydocs.com, and for all other stockholders, check for an email from Proxyvote.com.

Your Vote Is Important, No Matter How Many or How Few Shares You Own.

BIOLASE stockholders who need assistance in voting their shares may contact BIOLASE's proxy solicitor, DF King, by emailing BIOL@dfking.com or calling (800) 347-4750.

D.F. KING

An AST Company

48 Wall Street, 22nd Floor

New York, NY 10005

Call Toll-Free: (800) 347-4750

Banks and Brokers Call: (212) 269-5550

BIOL@dfking.com