HOFV - Hall of Fame Resort & Entertainment to effect 1-for-22 reverse stock split
- Resort, entertainment and media company Hall of Fame Resort & Entertainment ( NASDAQ: HOFV ) is set to effect a 1-for-22 reverse stock split.
- The reverse split, par value $0.0001 per share, will become effective on Dec. 27, 12:01 a.m. ET.
- The reverse split is intended to bring the company into compliance with Nasdaq's minimum bid price requirement.
- The new CUSIP number for the shares following the reverse split will be 40619L201.
- The shareholders have approved the reverse split at a Sep. 29 special meeting.
- HOFV shares were trading +0.76% pre-market.
- Source: Press Release
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Hall of Fame Resort & Entertainment to effect 1-for-22 reverse stock split