MoneyLion announced that its Board of Directors has approved a 1-for-30 reverse stock split of MoneyLion’s Class A common stock, par value $0.0001 per share. The Reverse Stock Split was approved by MoneyLion’s stockholders at a Special Meeting of Stockholders held virtually on April 19. The Reverse Stock Split will become effective at 5:01 p.m. Eastern Time on April 24, and the Class A Common Stock will open for trading on The New York Stock Exchange on a reverse split-adjusted basis on April 25, 2023 under the existing trading symbol "ML." The new CUSIP number for the Class A Common Stock following the Reverse Stock Split will be 60938K 304. MoneyLion’s publicly traded warrants will continue to be traded on the NYSE under the symbol "ML WS" and the CUSIP number for the warrants will remain unchanged.
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Published first on TheFly