BRDS - Bird Global to effect 25-for-1 reverse stock split
2023-05-18 16:19:07 ET
- Electric transportation company Bird Global ( NYSE: BRDS ) said on Thursday that its board has approved a 25-for-1 reverse stock split of its class A shares and class X shares.
- The company's shareholders had also approved the reverse stock split at a special meeting of stockholders held on May 18.
- The combination is effective 5:00 PM Pacific Time on May 18.
- After the reverse stock split becomes effective, the company will have ~11.47M class A shares issued and outstanding and 1.38M class X shares issued and outstanding.
- Source: Press Release
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Bird Global to effect 25-for-1 reverse stock split