Leafly announces 1-for-20 reverse stock split

Leafly Holdings announced it has effected a 1-for-20 reverse stock split of its common stock that will become effective on September 12, at 12:01 a.m. Eastern Time. Leafly’s Common Stock will continue trading on The Nasdaq Capital Market under its existing symbol “LFLY” and will begin trading on a split-adjusted basis when the market opens on September 12, the company noted.