Smart for Life Announces 1-for-7 Reverse Stock Split [Yahoo! Finance]
Smart for Life, Inc. (SMFL)
Company Research
Source: Yahoo! Finance
sector marketing and manufacturing nutritional foods and supplements worldwide, announced that it will effect a 1-for-7 reverse stock split (“reverse split”) of its common stock, par value $0.0001 per share (“common stock”) and its authorized stock, that will become effective on April 22, 2024. Smart for Life's common stock will continue to trade on The Nasdaq Capital Market (“Nasdaq”) under the symbol “SMFL” and will begin trading on a split-adjusted basis when the market opens on April 22, 2024. The new CUSIP number for the Common Stock following the reverse split will be 83204U608. Among other considerations, the reverse split is intended to maintain the Company's compliance with the minimum bid price requirement for maintaining the listing of its common stock on Nasdaq and to make the bid price more attractive to investors. In addition, the split is part of a larger strategic plan to support future acquisition financings, including multiple accretive acquisitions currently and p
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SMFL
News
- Smart For Life to Attend National Pet Food Forum on April 29 to May 2 [Yahoo! Finance]Yahoo! Finance
- Smart For Life to Attend National Pet Food Forum on April 29 to May 2GlobeNewswire
- Smart for Life Announces Availability of a White Paper on the Nutraceuticals Industry [Yahoo! Finance]Yahoo! Finance
- Smart for Life Announces Availability of a White Paper on the Nutraceuticals IndustryGlobeNewswire
- TAL Education and Mama's Creations among Consumer Staples movers [Seeking Alpha]Seeking Alpha
SMFL
Sec Filings
- 4/30/24 - Form 8-K
- 4/29/24 - Form 3
- 4/24/24 - Form 8-K
- SMFL's page on the SEC website