CSP Inc. stock expected to trade on post-split basis on March 21

CSPi is expected to trade on a post-split basis at the market open on March 21, 2024. The distribution date for the stock split, or the date on which new shares will be distributed from the Company’s transfer agent, Equiniti Trust Company, LLC, will be March 20, 2024. On February 21st, the Company announced that the Board of Directors approved and declared a two-for-one stock split in the form of a 100% stock dividend on the Company’s outstanding common stock with a record date of the close of business on March 6, 2024. Each stockholder of record as of such date will receive one additional share of common stock for every share of common stock held. If shares are purchased between the record date and the distribution date, the purchaser will be entitled to receive an amount of dividend shares equal to the shares purchased. If shares are sold before the close of business on the record date or between the record date and the distribution date, you will not be entitled to receive the stock dividend. Shareholders can check with their broker to determine their eligibility for this stock dividend as well. CSPi‘s Common Stock is expected to trade on a post-split basis at the market open on March 21, 2024. Upon completion of the stock split, the Company expects to have approximately 9,753,900 shares outstanding.