Reverse stock split

Windtree Therapeutics Announces Reverse Stock Split

Retrieved on:

Thursday, April 18, 2024

Transfer, WINT, Reverse stock split, Form, Exercise, Windtree Therapeutics, Trust, CUSIP, Therapy, Security (finance)

WARRINGTON, Pa., April 18, 2024 (GLOBE NEWSWIRE) -- Windtree Therapeutics, Inc. (NASDAQ: WINT) (“Windtree” or the “Company”), a biotechnology company focused on advancing early and late-stage innovative therapies for critical conditions, today announced that the Company’s Board of Directors has approved a 1-for-18 reverse stock split of its issued and outstanding common stock, par value of $0.001 per share (the “Reverse Stock Split”).

Key Points:

WARRINGTON, Pa., April 18, 2024 (GLOBE NEWSWIRE) -- Windtree Therapeutics, Inc. (NASDAQ: WINT) (“Windtree” or the “Company”), a biotechnology company focused on advancing early and late-stage innovative therapies for critical conditions, today announced that the Company’s Board of Directors has approved a 1-for-18 reverse stock split of its issued and outstanding common stock, par value of $0.001 per share (the “Reverse Stock Split”).
No fractional shares of common stock will be issued as a result of the Reverse Stock Split.
The Reverse Stock Split impacts all holders of the Company’s common stock proportionally and will not impact any stockholders’ percentage ownership of common stock (except to the extent the reverse stock split results in any stockholder owning only a fractional share, in which case such share shall be rounded up to one whole share).
Stockholders owning shares via a broker, bank, trust or other nominee will have their positions automatically adjusted to reflect the Reverse Stock Split, subject to such broker’s particular processes, and will not be required to take any action in connection with the Reverse Stock Split.

Zapp EV Announces Reverse Stock Split

Retrieved on:

Tuesday, April 16, 2024

EDT, Reverse stock split, Exercise, CUSIP, Security (finance)

The Reverse Stock Split will be effective at 4:01 p.m. (EDT) on Monday, April 22, 2024, and the Company’s ordinary shares will begin trading on a split-adjusted basis when the Nasdaq Global Market (“Nasdaq”) opens for trading on Tuesday, April 23, 2024.

Key Points:

The Reverse Stock Split will be effective at 4:01 p.m. (EDT) on Monday, April 22, 2024, and the Company’s ordinary shares will begin trading on a split-adjusted basis when the Nasdaq Global Market (“Nasdaq”) opens for trading on Tuesday, April 23, 2024.
The ordinary shares will continue to trade on Nasdaq under the trading symbol “ZAPP”, but will trade under new CUSIP number G9889X 123.
As a result of the Reverse Stock Split, every 20 ordinary shares issued and outstanding as of the effective date will be automatically combined into one New Ordinary Share.
No fractional shares will be issued as a result of the Reverse Stock Split.

QSAM ANNOUNCES REVERSE STOCK SPLIT RATIO AHEAD OF MERGER

Retrieved on:

Tuesday, April 16, 2024

Agreement, TLX, OTCQB, ASX, Plan, Reverse stock split, Telix, Common stock, Information, QSAM, Security (finance)

Austin, TX, April 16, 2024 (GLOBE NEWSWIRE) -- QSAM Biosciences, Inc. (OTCQB: QSAM) (“QSAM” or the “Company”) previously announced that it will effectuate a reverse stock split of the issued and outstanding shares of QSAM’s common stock, par value $0.0001 per share (“Common Stock”), at a ratio in the range of 1:1000 to 1:2000, prior to the closing of the merger between the Company and Telix Pharmaceuticals Limited (ASX: TLX) (“Telix”) pursuant to which Telix will acquire QSAM (the “Merger”).

Key Points:

Austin, TX, April 16, 2024 (GLOBE NEWSWIRE) -- QSAM Biosciences, Inc. (OTCQB: QSAM) (“QSAM” or the “Company”) previously announced that it will effectuate a reverse stock split of the issued and outstanding shares of QSAM’s common stock, par value $0.0001 per share (“Common Stock”), at a ratio in the range of 1:1000 to 1:2000, prior to the closing of the merger between the Company and Telix Pharmaceuticals Limited (ASX: TLX) (“Telix”) pursuant to which Telix will acquire QSAM (the “Merger”).
On April 15, 2024, the Board of Directors of QSAM unanimously approved that the reverse stock split ratio be 1-for-2,000 such that once the reverse stock split goes into effect, every holder of Common Stock of the Company shall receive one share of Common Stock for every 2,000 shares of Common Stock held (the “Reverse Stock Split”).
On February 7, 2024, a majority of the voting shareholders of QSAM approved the reverse stock split and granted the Board the discretion to adopt the ratio prior to the closing of the Merger, which ratio the Board has adopted and is announcing today.
QSAM shareholders are encouraged to review the Information Statement for further information about the Merger and the Reverse Stock Split, which can be found on the SEC Edgar database: QSAM Definitive Information Statement .

Beneficient Announces Reverse Stock Split to Regain Compliance with Nasdaq’s Minimum Bid Price

Retrieved on:

Tuesday, April 16, 2024

Transfer, Common, Security (finance), Reverse stock split, Exercise, Common stock, Book, Trust, CUSIP

DALLAS, April 16, 2024 (GLOBE NEWSWIRE) -- Beneficient (Nasdaq: BENF), a technology-enabled platform providing liquidity and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, today announced a 1-for-80 reverse stock split (the “Reverse Stock Split”) of its Class A common stock, par value $0.001 per share (the “Class A Common Stock”), and its Class B common stock, par value $0.001 per share (“Class B Common Stock” and together with the Class A Common Stock, the “Common Stock”).

Key Points:

DALLAS, April 16, 2024 (GLOBE NEWSWIRE) -- Beneficient (Nasdaq: BENF), a technology-enabled platform providing liquidity and related trust and custody services to holders of alternative assets through its proprietary online platform, AltAccess, today announced a 1-for-80 reverse stock split (the “Reverse Stock Split”) of its Class A common stock, par value $0.001 per share (the “Class A Common Stock”), and its Class B common stock, par value $0.001 per share (“Class B Common Stock” and together with the Class A Common Stock, the “Common Stock”).
The new CUSIP number for Beneficient’s Common Stock following the Reverse Stock Split will be 08178Q309.
The Reverse Stock Split is intended to enable Beneficient to regain compliance with the minimum bid price requirement for continued listing on Nasdaq.
As a result of the Reverse Stock Split, every 80 shares of Beneficient’s issued and outstanding Common Stock as of the effective time will be combined into one share of Common Stock.

Bakkt Announces Reverse Stock Split

Retrieved on:

Tuesday, April 23, 2024

Blockchain, Cryptocurrency, Finance, Asset Management, Banking, Professional Services, Technology, Digital Cash Management, Digital Assets, Common, Parity, New York Stock Exchange, Reverse stock split, Bakkt, Common stock, CUSIP, Security (finance)

Bakkt Holdings, Inc. (NYSE: BKKT) today announced that, following approval by the Company's stockholders and its Board of Directors, the Company will effect a reverse stock split (the “Reverse Stock Split”) of Bakkt’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”), and Class V common stock, par value $0.0001 per share (“Class V Common Stock” and collectively with the Class A Common Stock, the “Common Stock”), at a ratio of 1-for-25 (the “Reverse Stock Split Ratio”), effective as of the close of the trading day on The New York Stock Exchange (the “NYSE”) on April 26, 2024 (the “Effective Time”).

Key Points:

Bakkt Holdings, Inc. (NYSE: BKKT) today announced that, following approval by the Company's stockholders and its Board of Directors, the Company will effect a reverse stock split (the “Reverse Stock Split”) of Bakkt’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”), and Class V common stock, par value $0.0001 per share (“Class V Common Stock” and collectively with the Class A Common Stock, the “Common Stock”), at a ratio of 1-for-25 (the “Reverse Stock Split Ratio”), effective as of the close of the trading day on The New York Stock Exchange (the “NYSE”) on April 26, 2024 (the “Effective Time”).
Following the Reverse Stock Split, the Company’s Class A Common Stock will have a new CUSIP number (05759B 305).
In connection with the Reverse Stock Split, the Company will effect a corresponding and proportional adjustment to its authorized shares of Common Stock, such that the 1,000,000,000 authorized shares of Common Stock, consisting of 750,000,000 shares of Class A Common Stock and 250,000,000 shares of Class V Common Stock will be reduced proportionately pursuant to 40,000,000 authorized shares of Common Stock, consisting of 30,000,000 shares of Class A Common Stock and 10,000,000 shares of Class V Common Stock.
Stockholders who would otherwise hold fractional shares because the number of shares of Class A Common Stock they hold before the Reverse Stock Split is not evenly divisible by the Reverse Stock Split Ratio will be entitled to receive cash (without interest, and subject to any required tax withholding applicable to a holder) in lieu of such fractional shares.

WiSA Technologies Announces Reverse Stock Split

Retrieved on:

Wednesday, April 10, 2024

Technology, Mobile, Wireless, Audio, Video, Consumer Electronics, Transfer, WISA, Common, Reverse stock split, Common stock, Book, CUSIP

WiSA Technologies, Inc. (Nasdaq: WISA, the “Company,” “we," "us” or “our") a leading innovator in wireless audio technology for intelligent devices and next-generation home entertainment systems, today announced that on April 4, 2024, the Company’s Board of Directors approved a 1-for-150 reverse split (the "Reverse Stock Split") of the Company’s common stock (the "Common Stock").

Key Points:

WiSA Technologies, Inc. (Nasdaq: WISA, the “Company,” “we," "us” or “our") a leading innovator in wireless audio technology for intelligent devices and next-generation home entertainment systems, today announced that on April 4, 2024, the Company’s Board of Directors approved a 1-for-150 reverse split (the "Reverse Stock Split") of the Company’s common stock (the "Common Stock").
On April 12, 2024, the Company plans to file a certificate of amendment to the Company’s certificate of incorporation, as amended, with the Secretary of State of the State of Delaware to effect the Reverse Stock Split as of 5:00 p.m. Eastern Time on that date.
VStock Transfer, LLC, the Company transfer agent, will send instructions to stockholders of record who hold stock certificates regarding the exchange of certificates for Common Stock.
Stockholders who hold their shares of Common Stock in book-entry form or in brokerage accounts or "street name" are not required to take any action to effect the exchange of their shares of Common Stock following the Reverse Stock Split.

Allarity Therapeutics Announces 1-for-20 Reverse Stock Split

Retrieved on:

Thursday, April 4, 2024

Computershare, Shareholder, CUSIP, Reverse stock split, Therapy, Security (finance)

Boston (April 4, 2024) — Allarity Therapeutics, Inc. (“Allarity” or the “Company”) (NASDAQ: ALLR), a clinical-stage pharmaceutical company dedicated to developing personalized cancer treatments, today announced the implementation of a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-20 (the “Reverse Stock Split”).

Key Points:

Boston (April 4, 2024) — Allarity Therapeutics, Inc. (“Allarity” or the “Company”) (NASDAQ: ALLR), a clinical-stage pharmaceutical company dedicated to developing personalized cancer treatments, today announced the implementation of a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-20 (the “Reverse Stock Split”).
The CUSIP number for the Company’s common stock following the Reverse Stock Split will be 016744401.
In the wake of the Reverse Stock Split, every 20 shares of common stock owned prior to the split will consolidate into 1 share of common stock.
Allarity has appointed Computershare Limited as the exchange agent to facilitate the Reverse Stock Split process.

Rent the Runway Announces 1-for-20 Reverse Stock Split

Retrieved on:

Tuesday, March 26, 2024

Transfer, Common stock, Form, CUSIP, Reverse stock split, RTR, Eastern Time Zone, Security (finance)

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway” or the “RTR”) (NASDAQ: RENT) today announced that it will proceed with a 1-for-20 reverse stock split (“Reverse Stock Split”) of its outstanding shares of Class A Common Stock and Class B Common Stock (collectively, the “Common Stock”) following approval by its Board of Directors.

Key Points:

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway” or the “RTR”) (NASDAQ: RENT) today announced that it will proceed with a 1-for-20 reverse stock split (“Reverse Stock Split”) of its outstanding shares of Class A Common Stock and Class B Common Stock (collectively, the “Common Stock”) following approval by its Board of Directors.
The Reverse Stock Split is expected to become effective at 5 p.m., Eastern Time, on April 2, 2024.
When the Reverse Stock Split is effective, every 20 shares of Rent the Runway Common Stock issued and outstanding will be combined automatically into 1 share of Common Stock.
The Reverse Stock Split will apply equally to all outstanding shares of the Class A Common Stock and Class B Common Stock, and each stockholder will hold the same percentage of Class A Common Stock and Class B Common Stock outstanding immediately following the Reverse Stock Split, except for adjustments that may result from the treatment of fractional shares.

Marin Software’s Stockholders and Board of Directors Approve Reverse Stock Split

Retrieved on:

Friday, April 5, 2024

Data Management, Communications, Digital Marketing, Technology, Mobile, Wireless, Software, Marin Software, CUSIP, Security (finance), Reverse stock split

Marin’s Board of Directors has determined that the reverse stock split ratio will be 1-for-6 (the “Reverse Stock Split”).

Key Points:

Marin’s Board of Directors has determined that the reverse stock split ratio will be 1-for-6 (the “Reverse Stock Split”).
The Reverse Stock Split is expected to take effect at 5:00 p.m. Eastern Time on April 12, 2024 and Marin expects that its common stock will trade on a split-adjusted basis on at the opening of trading on April 15, 2024.
The Reverse Stock Split will reduce the number of shares of outstanding common stock from approximately 18.4 million to approximately 3.1 million.
The Reverse Stock Split will not affect any stockholder’s ownership percentage of Marin’s common stock.

Banco Itaú Chile Files Material Event Notice Scheduling Ordinary and Extraordinary Shareholders' Meetings and announcing Dividend Distribution Proposal

Retrieved on:

Thursday, February 29, 2024

Shareholder, Bank, Reverse stock split, Financial market, Avenue, Legislation, Annual, Commission

In addition, it will be proposed to the Shareholders Meeting to retain the remaining 70% of the profits.

Key Points:

In addition, it will be proposed to the Shareholders Meeting to retain the remaining 70% of the profits.
2215 of March 28, 2023.
Finally, notices of summons to the Ordinary and Extraordinary Shareholders' Meeting, with the respective matters to be discussed, will be published at the times provided for by the applicable legislation.
The full Material Event Notice is available on the company’s investor relations website at ir.itau.cl.