Glowpoint Announces Effectiveness of Previously Announced Reverse Stock Split
GLOWPOINT (GLOW)
NASDAQ:AMEX Investor Relations:
glowpoint.com/company/investor-relations
Company Research
Source: GlobeNewswire
DENVER, April 17, 2019 (GLOBE NEWSWIRE) -- Glowpoint, Inc. (NYSE American: GLOW) (“Glowpoint” or the “Company”), a managed service provider of video collaboration and network applications, announced today that it has filed an amendment to its certificate of incorporation that will effect the previously announced 1-for-10 reverse stock split of the Company's issued and outstanding shares of common stock. The reverse stock split will become effective at 5:00 PM Eastern Time on April 17, 2019, and the Company's shares of common stock will begin trading on a split-adjusted basis on the NYSE American at the commencement of trading on April 18, 2019 under the Company's existing trading symbol “GLOW.” The Company's common stock has been assigned a new CUSIP number of 379887508 in connection with the reverse stock split. The reverse stock split is intended to increase the per share trading value of the Company’s common stock to satisfy the NYSE American’s continued listing standards. The
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