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Cyngn: Cyngn Inc. - Reverse Split Option Symbol: CYN New Symbol: CYN1

Cyngn: Cyngn Inc. - Reverse Split Option Symbol: CYN New Symbol: CYN1

Cyngn:Cyngn公司-反向拆股選項標的: CYN 新標的: CYN1
OCC期權清算公司 ·  07/03 10:56
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Cyngn Inc. (CYN), a technology company, has announced a reverse stock split that is scheduled to take effect before the market opens on July 5, 2024. The reverse split will be conducted at a ratio of 1-for-100, meaning that each common share of Cyngn will be converted into the right to receive 0.01 new common shares of the company. Following the reverse split, the option symbol for Cyngn will change from CYN to CYN1. The new CUSIP number for Cyngn will be 23257B206. The pricing for the new CYN1 will be determined by multiplying the old CYN price by 0.01. This corporate event will result in adjustments to the contract multiplier, strike divisor, and the deliverable per contract for options and futures, as per the rules of the Options Clearing Corporation (OCC).
Cyngn Inc. (CYN), a technology company, has announced a reverse stock split that is scheduled to take effect before the market opens on July 5, 2024. The reverse split will be conducted at a ratio of 1-for-100, meaning that each common share of Cyngn will be converted into the right to receive 0.01 new common shares of the company. Following the reverse split, the option symbol for Cyngn will change from CYN to CYN1. The new CUSIP number for Cyngn will be 23257B206. The pricing for the new CYN1 will be determined by multiplying the old CYN price by 0.01. This corporate event will result in adjustments to the contract multiplier, strike divisor, and the deliverable per contract for options and futures, as per the rules of the Options Clearing Corporation (OCC).
科技公司Cyngn Inc. (CYN) 宣佈將在2024年7月5日開市前進行一次股票拆分。此次股票拆分的比例爲1股拆100,這意味着每股Cyngn普通股將轉換爲獲得公司0.01股新普通股的權利。拆分後,Cyngn的期權代碼將從CYN更改爲CYN1。Cyngn的新CUSIP股票代碼爲23257B206。新股CYN1的定價將通過舊股票CYN價格乘以0.01來確定。根據期權結算公司(OCC)的規定,此次企業事件將導致期權和期貨的合約乘數、行權除數和每合約可交割的標的物數額髮生調整。
科技公司Cyngn Inc. (CYN) 宣佈將在2024年7月5日開市前進行一次股票拆分。此次股票拆分的比例爲1股拆100,這意味着每股Cyngn普通股將轉換爲獲得公司0.01股新普通股的權利。拆分後,Cyngn的期權代碼將從CYN更改爲CYN1。Cyngn的新CUSIP股票代碼爲23257B206。新股CYN1的定價將通過舊股票CYN價格乘以0.01來確定。根據期權結算公司(OCC)的規定,此次企業事件將導致期權和期貨的合約乘數、行權除數和每合約可交割的標的物數額髮生調整。
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