BuzzFeed, Inc. Announces 1-For-4 Reverse Stock Split
BuzzFeed, Inc. - Class A (BZFD)
Company Research
Source: Business Wire
Move Aims to Ensure Continued Listing on Nasdaq NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (NASDAQ: BZFD) today announced that its Board of Directors and shareholders approved a 1-for-4 reverse stock split of the company’s Class A common stock, par value $0.0001 per share, and Class B common stock, par value $0.0001 per share, which will be effective at 12:01am EST on May 6, 2024. BuzzFeed’s Class A common stock will continue to be traded on The Nasdaq Capital Market on a split-adjusted basis beginning on May 6, 2024, under the Company’s existing trading symbol “BZFD.”The reverse stock split is intended to increase the bid price of the Company’s Class A common stock so that BuzzFeed, Inc. can regain compliance with the minimum bid price requirement of $1.00 per share for continued listing on Nasdaq. The new CUSIP number following the reverse stock split will be 12430A300. The Company filed a Certificate of Amendment with the Secretary of State of the State of Delaware on April 26, 2
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BZFD
News
- BuzzFeed, Inc. First Quarter 2024 Financial Results in Line With March Outlook [Yahoo! Finance]Yahoo! Finance
- BuzzFeed, Inc. First Quarter 2024 Financial Results in Line With March OutlookBusiness Wire
- BuzzFeed, Inc. Announces 1-For-4 Reverse Stock Split [Yahoo! Finance]Yahoo! Finance
- BuzzFeed, Inc. to Release First Quarter 2024 Financial Results on Monday, May 13, 2024 [Yahoo! Finance]Yahoo! Finance
- BuzzFeed, Inc. to Release First Quarter 2024 Financial Results on Monday, May 13, 2024Business Wire
BZFD
Earnings
- 8/8/23 - Miss
BZFD
Sec Filings
- 5/16/24 - Form SC
- 5/14/24 - Form 10-Q
- 5/13/24 - Form 8-K
- BZFD's page on the SEC website