Navios Maritime Acquisition Corporation Announces Stockholder Approval of a 1:15 Reverse Stock Split And Effective Date of November 14
Navios Maritime Acquisition Corporation Common stock (NNA)
Last navios maritime acquisition corporation common stock earnings: 11/7 08:00 am
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navios.com/events/default.asp
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Source: GlobeNewswire
MONACO, Nov. 09, 2018 (GLOBE NEWSWIRE) -- Navios Maritime Acquisition Corporation (“Navios Acquisition” or the “Company”) (NYSE: NNA), an owner and operator of tanker vessels, announced that the previously disclosed one-for-fifteen reverse split of its common stock was approved by Company’s stockholders at a special meeting held today. The reverse stock split will be effected immediately before any trading commences prior to market open on November 14, 2018. The common stock will begin trading on November 14, 2018 on a split-adjusted basis on the New York Stock Exchange, under the same ticker symbol, NNA. Based on approximately 144.1 million shares of common stock issued and outstanding as of the record date, following the reverse split the Company will have approximately 9.6 million shares of common stock issued and outstanding. The certificate of amendment to Navios Acquisition’s certificate of incorporation in connection with the reverse stock split will not decrease the nu
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