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Ridgefield Acquisition Corp (RDGA) seeks shareholder approval for two consecutive charter amendments to effect a 1-for-10,000 reverse stock split followed immediately by a 10,000-for-1 forward split and to raise authorized capital. Under the reverse split, every 10,000 existing shares would be combined into one share and holders with fewer than 10,000 shares would receive a cash payment of $0.02 per share in lieu of fractional shares, the amount the board determined to be fair market value. Immediately after, each post-reverse share would be converted back into 10,000 shares, and authorized capital would be increased to 75,000,000 shares total, consisting of 70,000,000 common and 5,000,000 preferred.