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Stock impact report

iSun, Inc. Announces Reverse Stock Split [Yahoo! Finance]

iSun, Inc. (ISUN) 
Company Research Source: Yahoo! Finance
infrastructure company with 50-years of experience accelerating the adoption of innovative electrical technologies, today announced that it will effect a 1-for-20 reverse stock split of its issued Common Stock, effective at 9:00 a.m. Eastern Time on Friday, April 26, 2024. Beginning Friday, April 26, 2024, the Company's Common Stock will trade on a split-adjusted basis. At the Company's Special Meeting of Stockholders held on February 27, 2024, the Company's stockholders approved a proposal to authorize a reverse stock split of the Company's Common Stock, at a ratio of not less than 1-for-6 and not more than 1-for-20 as to be determined by the Company's Board of Directors. The Board of Directors approved a 1-for-20 reverse split ratio, and on Wednesday, April 24, 2024, the Company filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation to effect the reverse stock split effective as of 9:00 a.m. Eastern Time on Friday, April 26, 2024 (the "Effective Show less Read more
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