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Stock impact report

SPI Energy Co., Ltd. Announces 10-for-1 Share Consolidation

SPI Energy Co., Ltd. - Ordinary Shares (SPI) 
US:NYSE Investor Relations: investors.spisolar.com
Company Research Source: GlobeNewswire
HONG KONG and SANTA CLARA, Calif., Nov. 15, 2018 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. (“SPI Energy” or the “Company”) (Nasdaq: SPI), a global provider of renewable energy solutions and crypto-miner hosting services for residential, commercial and utility customers, today announced a 10-for-1 share consolidation, effective as of the close of business on November 15, 2018. Beginning on November 16, 2018, the Company’s ordinary shares will trade on the NASDAQ on post-consolidation basis. At the Company’s extraordinary general meeting, the shareholders of the Company considered and passed an ordinary resolution authorizing that each ten ordinary shares, par value of US$0.00001, be consolidated into one ordinary share, par value of US$0.0001. As a result of the share consolidation, each 10 pre-consolidation ordinary shares outstanding will automatically combine into one ordinary share of the Company without any action on the part of the respective holders holding shares in a brokera Show less Read more
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