Brief: Buzzfeed Announces 1-For-4 Reverse Stock Split

BuzzFeed

02/05/2024 16:53

May 2 (Reuters) - BuzzFeed Inc  BZFD.O :
    * BUZZFEED, INC. ANNOUNCES 1-FOR-4 REVERSE STOCK SPLIT
    * BUZZFEED INC - REVERSE STOCK SPLIT IS INTENDED TO INCREASE
BID
PRICE OF COMPANY'S CLASS A COMMON STOCK SO THAT BUZZFEED, INC
    * BUZZFEED INC: REVERSE STOCK SPLIT WILL BE EFFECTIVE AT
12:01AM
EST ON MAY 6, 2024
    * BUZZFEED - REVERSE STOCK SPLIT IS INTENDED TO REGAIN
COMPLIANCE
WITH MINIMUM BID PRICE REQUIREMENT OF $1.00 PER SHARE FOR
CONTINUED LISTING ON NASDAQ

Source text for Eikon:  ID:nBw4ZwXqsa 
Further company coverage:  BZFD.O 

 ((Reuters.Briefs@thomsonreuters.com;))