ShiftPixy delays reverse stock split effective date to October 14

ShiftPixy announced that its reverse stock split, scheduled for 11:59:59 p.m. on September 30, in Wyoming, will be postponed two weeks until 11:59:59 p.m. on October 14, in Wyoming. “The delay is necessitated by the principal shareholder’s plans to effect charitable donations of his shares of the company’s common stock and coordinating the donations with the recipient charities prior to the effectiveness of the reverse stock split. The company anticipates that its common stock will begin trading on a post-reverse split basis on Nasdaq on October 16,” the company stated.