Brief: AVCT Announces Intent To Effect Reverse Stock Split

American Virtual Cloud Technologies

29/09/2022 23:56

Sept 29 (Reuters) - American Virtual Cloud Technologies
Inc  AVCT.O :
    * AVCT ANNOUNCES INTENT TO EFFECT REVERSE STOCK SPLIT
    * REVERSE STOCK SPLIT WILL BECOME EFFECTIVE ON SEPTEMBER 30,
2022
    * AMERICAN VIRTUAL CLOUD TECHNOLOGIES- INTENDS TO EFFECT A
1-FOR-15 REVERSE STOCK SPLIT OF ITS ISSUED AND OUTSTANDING
SHARES OF COMMON STOCK
    * AMERICAN VIRTUAL CLOUD TECHNOLOGIES - CO'S COMMON STOCK IS
EXPECTED TO BEGIN TRADING ON A SPLIT-ADJUSTED BASIS WHEN MARKET
OPENS ON OCTOBER 3, 2022
    * AMERICAN VIRTUAL CLOUD TECHNOLOGIES- REVERSE STOCK SPLIT
DID NOT
CHANGE PAR VALUE OF COMMON STOCK OR AUTHORIZED NUMBER OF SHARES
OF COMMON STOCK
    * CO'S COMMON STOCK WILL CONTINUE TO TRADE ON NASDAQ CAPITAL
MARKET UNDER SYMBOL "AVCT."

Source text for Eikon:  ID:nGNX2cS1J3 
Further company coverage:  AVCT.O 
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