INNOVATE Corp. Announces 1-for-10 Reverse Stock Split of the Company's Common Stock
INNOVATE (VATE) GlobeNewswire News Room·2024-07-19 21:10
The primary goal of the reverse stock split is to increase the per share market price of the Company's Common Stock to meet the minimum per share bid price requirement for continued listing on the NYSE. The reverse stock split was approved by the Company's stockholders at its annual meeting of stockholders held on June 18, 2024. Computershare, Inc. ("Computershare"), the Company's transfer agent, is acting as the exchange agent for the Reverse Stock Split. Stockholders holding their shares electronically in ...