CISO Global will proceed with the 1-for-15 reverse stock split approved by CISO shareholders at the annual meeting held December 14, 2023. The reverse stock split will become effective after the close of trading on March 7, 2024. CISO outstanding common stock will begin trading on a split-adjusted basis on March 8, 2024; whereby every fifteen shares of the par value of $0.00001 per share common stock will automatically convert into one share of CISO stock. The reverse stock split will reduce the number of shares of CISO outstanding common stock from roughly 180 million shares to approximately 12 million shares. CISO Global common stock will continue trading on the Nasdaq Capital Market.
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