Sarcos Announces Reverse Stock Split
Sarcos Announces Reverse Stock Split
SALT LAKE CITY, June 20, 2023 (GLOBE NEWSWIRE) -- Sarcos Technology and Robotics Corporation ("Sarcos" or "Company") (NASDAQ: STRC and STRCW), a leader in the design, development, and manufacture of advanced robotic systems, solutions, and software that redefine human possibilities, today announced that it has resolved to effect a reverse stock split of Sarcos' issued common stock and has determined the ratio to be 1-for-6. Sarcos' stockholders previously approved the reverse stock split and granted the board of directors the authority to determine the exact split ratio and when to proceed with the reverse stock split at the Company's Annual Meeting of Stockholders held on June 14, 2023.
盐湖城,2023年6月20日(GLOBE NEWSWIRE)——重新定义人类可能性的先进机器人系统、解决方案和软件的设计、开发和制造领域的领导者Sarcos Technology and Robotics Corporation(“Sarcos” 或 “公司”)(纳斯达克股票代码:STRC 和 STRCW)今天宣布,它已决定对萨科斯已发行普通股进行反向拆分,并已确定该比率为1比1 6。Sarcos的股东此前批准了反向股票拆分,并授权董事会会在2023年6月14日举行的公司年度股东大会上确定确切的拆分比率以及何时进行反向股票拆分。
The reverse stock split will become effective on July 5, 2023, at 4:01 p.m., Eastern Time, ("Effective Time") and the Company's common stock is expected to begin trading on a split-adjusted basis on the Nasdaq Global Market ("Nasdaq") as of the open of trading on July 6, 2023, under the existing ticker symbol "STRC." The reverse stock split is intended to increase the price per share of the Company's common stock to allow the Company to demonstrate compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq.
反向股票拆分将于美国东部时间2023年7月5日下午 4:01(“生效时间”)生效,公司的普通股预计将于2023年7月6日开盘时在纳斯达克全球市场(“纳斯达克”)开始在经拆分调整后的基础上交易,现有股票代码 “STRC”。反向股票拆分旨在提高公司普通股的每股价格,使公司能够证明遵守了继续在纳斯达克上市的1.00美元最低出价要求。
As of the Effective Time, every six (6) shares of the Company's issued and outstanding common stock will be combined into one issued and outstanding share of common stock, and the total number of authorized shares of our common stock will be reduced from 990,000,000 to 165,000,000. The par value per share of our common stock will remain unchanged at $0.0001. Proportional adjustments will be made to the number of shares of common stock issuable upon the exercise of the Company's outstanding warrants, options and restricted stock units, and the number of shares authorized and reserved for issuance pursuant to the Company's equity incentive plans. The total number of authorized shares of preferred stock will not be reduced and remains at 10,000,000 shares. Any fractional shares that would otherwise be issuable as a result of the Reverse Stock Split will be paid out in cash.
截至生效时间,公司每六(6)股已发行和流通普通股将合并为一股已发行和流通的普通股,我们的普通股的授权总数将从9.9亿股减少到1.65亿股。我们普通股的每股面值将保持不变,为0.0001美元。将按比例调整行使公司未偿认股权证、期权和限制性股票单位时可发行的普通股数量,以及根据公司股权激励计划授权和预留发行的股票数量。优先股的授权股票总数不会减少,仍为1,000,000股。任何因反向股票拆分而本来可以发行的部分股票都将以现金支付。
The Company's transfer agent, Continental Stock & Trust Company, will serve as the exchange agent for the reverse stock split. Registered stockholders holding pre-split shares of the Company's common stock electronically in book-entry form are not required to take any action to receive post-split shares. Those stockholders who hold their shares in brokerage accounts or in "street name" will have their positions automatically adjusted to reflect the reverse stock split, subject to each brokers' particular processes, and will not be required to take any action in connection with the reverse stock split.
该公司的过户代理Continental Stock & Trust Company将担任反向股票拆分的交易所代理人。以电子方式持有公司普通股拆分前股份的注册股东无需采取任何行动即可获得拆分后的股份。那些在经纪账户或 “街道名称” 中持有股份的股东将自动调整头寸以反映反向股票拆分,具体取决于每个经纪商的特定流程,并且无需就反向股票拆分采取任何行动。
Proportionate adjustments will be made to the exercise price and number of shares issuable upon the exercise of the options outstanding under the Company's equity incentive plans, and the number of shares subject to restricted stock units under the Company's equity incentive plans.
将对行使公司股权激励计划下未偿还期权的行使价和可发行的股票数量以及公司股权激励计划下受限制性股票单位限制的股票数量进行相应调整。
Additional information about the reverse stock split can be found in Sarcos definitive proxy statement filed with the Securities and Exchange Commission on April 28, 2023, a copy of which is available at www.sec.gov.
有关反向股票拆分的更多信息可以在萨科斯于2023年4月28日向美国证券交易委员会提交的最终委托书中找到,其副本可在www.sec.gov上查阅。
About Sarcos Technology and Robotics Corporation
Sarcos Technology and Robotics Corporation (NASDAQ: STRC and STRCW) designs, develops, and manufactures a broad range of advanced mobile robotic systems, solutions, and software that redefine human possibilities and are designed to enable the safest most productive workforce in the world. Sarcos robotic systems operate in challenging, unstructured, industrial environments and include teleoperated robotic systems, a powered robotic exoskeleton, and software solutions that enable task autonomy. For more information, please visit and connect with us on LinkedIn at .
关于 Sarcos 科技与机器人公司
Sarcos Technology and Robotics Corporation(纳斯达克股票代码:STRC 和 STRCW)设计、开发和制造了各种先进的移动机器人系统、解决方案和软件,这些系统重新定义了人类的可能性,旨在培养世界上最安全、最高效的劳动力。Sarcos 机器人系统在具有挑战性、非结构化的工业环境中运行,包括远程操作机器人系统、动力机器人外骨骼和实现任务自主权的软件解决方案。欲了解更多信息,请访问 并在 LinkedIn 上联系我们,网址为 。
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the intended effects of the reverse stock split, including whether the reverse stock split will increase the price of the Company's common stock and whether the Company will be able to maintain our listing on the Nasdaq Global Market. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "aim," "should," "seeks," "plans," "scheduled," "anticipates," "intends" or "continue" or similar expressions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results, or performance to differ materially from those indicated by such statements. These forward-looking statements are based on Sarcos' management's current expectations and beliefs, as well as a number of assumptions concerning future events. However, there can be no assurance that the events, results, or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and Sarcos is not under any obligation and expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
前瞻性陈述
本新闻稿包含1995年《私人证券诉讼改革法》所指的前瞻性陈述,包括关于反向股票拆分的预期影响的声明,包括反向股票拆分是否会提高公司普通股的价格,以及公司是否能够维持我们在纳斯达克全球市场的上市。前瞻性陈述本质上受风险、不确定性和假设的影响。通常,非历史事实的陈述,包括有关未来可能或可能采取的行动、业务战略、事件或经营业绩的陈述,均为前瞻性陈述。这些陈述前面可以是或包含 “相信”、“估计”、“预期”、“项目”、“预测”、“可能”、“将”、“目标”、“应该”、“寻求”、“计划”、“预期”、“预期”、“打算” 或 “继续” 或类似表达。此类前瞻性陈述涉及风险和不确定性,可能导致实际事件、结果或表现与此类陈述所表明的事件、结果或表现存在重大差异。这些前瞻性陈述基于萨科斯管理层当前的预期和信念,以及对未来事件的许多假设。但是,无法保证这些前瞻性陈述中确定的事件、结果或趋势会发生或实现。前瞻性陈述仅在发表之日起生效,除非法律要求,否则Sarcos没有任何义务也明确声明不承担任何更新、修改或以其他方式修改任何前瞻性陈述的义务,无论是由于新信息、未来事件还是其他原因。
Readers should carefully review the statements set forth in the reports which Sarcos has filed or will file from time to time with the Securities and Exchange Commission (the "SEC"), in particular the risks and uncertainties set forth in the sections of those reports entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements," for a description of risks facing Sarcos and that could cause actual events, results or performance to differ from those indicated in the forward-looking statements contained herein. The documents filed by Sarcos with the SEC may be obtained free of charge at the SEC's website at www.sec.gov.
读者应仔细阅读萨科斯不时向美国证券交易委员会(“SEC”)提交或将要提交的报告中列出的陈述,特别是这些报告中标题为 “风险因素” 和 “关于前瞻性陈述的警示说明” 的部分中列出的风险和不确定性,以描述萨科斯面临的风险,这些风险可能导致实际事件、业绩或表现与本文所含前瞻性陈述中指出的不同。萨科斯向美国证券交易委员会提交的文件可以在美国证券交易委员会的网站www.sec.gov上免费获得。
Sarcos Media and Investor Contacts:
Media: mediarelations@sarcos.com
Investors: STRC@finprofiles.com
Sarcos 媒体和投资者联系人:
媒体: mediarelations@sarcos.com
投资者: STRC@finprofiles.com