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Note 2 - Recapitalization
6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Recapitalization [Text Block]
(
2
)
RECAPITALIZATION
 
On
April 16, 2018,
the shareholders of the Company approved, among other things, an amendment to the Company’s Amended and Restated Articles of Incorporation (the “Articles”) to effect a recapitalization (the “Recapitalization”) pursuant to which each share of the Company’s then-existing class B common stock was exchanged for
one
share of the Company’s then-existing Class A common stock plus
$19.59
in cash, without interest. On
April 17, 2018,
the Company filed an amendment to its Articles effecting the Recapitalization and then a further amendment and restatement of the Company’s Articles which resulted in the elimination of the Company’s class B common stock and the reclassification of the Company’s class A common stock as a share of Common Stock, par value
$0.001
per share (“Common Stock”). The Company issued
3,617,615
shares of Common Stock and paid
$72.4
million in exchange for all class B shares outstanding and to settle outstanding share-based awards for class B common stock.