Brief: Paragon Shipping says reverse stock split will consolidate 38 shares of common stock into one share common stock at par value of $0.001 per share

Paragon Shipping

29/02/2016 21:01

Feb 29 (Reuters) - Paragon Shipping Inc  PRGN.O : 
 * Announces reverse stock split 
 * Reverse stock split will consolidate 38 shares of common stock into one share 
   of common stock at par value of $0.001 per share 
 * Amended and restated articles of incorporation are being further amended to 
   effect reverse stock split of co's class a shares 
 
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