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Acorn Energy announces 1-for-16 reverse stock split
The Fly

Acorn Energy announces 1-for-16 reverse stock split

Acorn Energy’s Board of Directors has approved a reverse split of its Common Stock at a ratio of 1-for-16. The reverse split is intended to increase the market price of the Company’s Common Stock and make Acorn’s shares accessible to a broader range of investors, including institutions and those unable to purchase or recommend low-priced stocks.

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