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Virgin Galactic | 8-K: Virgin Galactic Announces Reverse Stock Split at 1-for-20 Ratio

Virgin Galactic | 8-K: Virgin Galactic Announces Reverse Stock Split at 1-for-20 Ratio

维珍银河 | 8-K：维珍银河宣布以1比20比例进行反向股票分割
美股SEC公告 ·  06/12 16:43

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On June 12, 2024, Virgin Galactic Holdings, Inc. announced the approval of a 1-for-20 reverse stock split by its board of directors, aimed at increasing the per-share market price to satisfy NYSE's minimum bid price requirement for continued listing. The reverse stock split is scheduled to take effect after market close on June 14, 2024, with the common stock trading on a split-adjusted basis from the market opening on June 17, 2024. Shareholders will receive cash in lieu of fractional shares resulting from the split, based on the closing sales price on June 14. The decision followed a stockholder approval at the annual meeting on the same day. Virgin Galactic is a spaceflight company focused on human spaceflight for private individuals and researchers. The reverse stock split is part of the company's efforts to comply with NYSE listing standards and does not affect the number of authorized shares or the par value of the common stock.
On June 12, 2024, Virgin Galactic Holdings, Inc. announced the approval of a 1-for-20 reverse stock split by its board of directors, aimed at increasing the per-share market price to satisfy NYSE's minimum bid price requirement for continued listing. The reverse stock split is scheduled to take effect after market close on June 14, 2024, with the common stock trading on a split-adjusted basis from the market opening on June 17, 2024. Shareholders will receive cash in lieu of fractional shares resulting from the split, based on the closing sales price on June 14. The decision followed a stockholder approval at the annual meeting on the same day. Virgin Galactic is a spaceflight company focused on human spaceflight for private individuals and researchers. The reverse stock split is part of the company's efforts to comply with NYSE listing standards and does not affect the number of authorized shares or the par value of the common stock.
2024年6月12日，维珍银河控股公司宣布董事会批准进行1比20的股票拆分，旨在增加每股市场价格以满足纽交所继续上市的最低买盘价格要求。拆分后的股票将于2024年6月14日收盘后生效，普通股自2024年6月17日开盘起按照拆分调整交易。股东将按照6月14日收盘销售价格的比例获得拆分后的碎股的现金。这一决定是在同一天的股东大会上获得批准的。维珍银河是一家专注于为个人和研究人员提供人类航天飞行服务的航天公司。这次股票拆分是该公司努力遵守纽交所上市标准的一部分，不影响已授权股份数量或普通股票的面值。
2024年6月12日，维珍银河控股公司宣布董事会批准进行1比20的股票拆分，旨在增加每股市场价格以满足纽交所继续上市的最低买盘价格要求。拆分后的股票将于2024年6月14日收盘后生效，普通股自2024年6月17日开盘起按照拆分调整交易。股东将按照6月14日收盘销售价格的比例获得拆分后的碎股的现金。这一决定是在同一天的股东大会上获得批准的。维珍银河是一家专注于为个人和研究人员提供人类航天飞行服务的航天公司。这次股票拆分是该公司努力遵守纽交所上市标准的一部分，不影响已授权股份数量或普通股票的面值。
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