DSS, Inc. announced that it will proceed with a 1-for-20 reverse stock split of its issued and outstanding shares of common stock, par value $0.02, following authorization by its Board of Directors and majority shareholders to effect a reverse split by a ratio of not less than 1-for-20 and not more than 1-for-40, at any time on or before April 20, 2024, with the Board having the discretion as to whether or not the Reverse Split is to be effected, and with the exact ratio to be set at a whole number within the Reverse Split Range as determined by the Chief Executive Officer in his discretion.
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Read More on DSS:
- DSS’ Premier Packaging signs contract extension with client worth up to $15M
- Premier Packaging, a Wholly-Owned Subsidiary of DSS, Inc., Secures Contract Extension with Major Retailer Worth Up to $15 Million over Four Years
- DSS announces Impact BioMedical effected a 1-for-55 reverse stock split
- DSS, Inc. Subsidiary Files Current Report on Form 8-K Disclosing Reverse Split of Outstanding and Issued Common Stock and Conversion of Certain Holder’s Common Stock
- DSS Inc. Receives Notice of Non-Compliance with NYSE American Trading Share Price Listing Rule
