DPW Holdings Announces One-for-Forty Reverse Stock Split
Ault Global Holdings, Inc. (DPW)
NASDAQ:AMEX Investor Relations:
dpwholdings.com
Company Research
Source: Business Wire
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW” or the “Company”) announced that its Board of Directors has approved a one-for-forty reverse stock split of its Class A common stock (“Common Stock”) that will be effective in the State of Delaware on August 5, 2019. Beginning with the opening of trading on August 6, 2019, the Company’s Common Stock will trade on the NYSE American on a split-adjusted basis under a new CUSIP number, 26140E 600.At the Company’s Reconvened 2019 Annual Meeting of Stockholders held at 12:00 pm Eastern Time on July 19, 2019, the Company’s stockholders approved a proposal authorizing the Company’s Board of Directors to effect a reverse stock split by a whole number ratio of not less than one-for-five and not more than one-for-forty at any time prior to July 1, 2020, with the exact ratio to be set at a whole number within this range as determined by the Board of Directors in its sole discre
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