Newegg (NEGG) Announces 1:20 Reverse Share Split
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Newegg Announces Upcoming Share Combination
March 14, 2025 8:00 AM EDTDIAMOND BAR, Calif.--(BUSINESS WIRE)-- Newegg Commerce, Inc. (NASDAQ: NEGG) (the Company), a global leader in e-commerce for technology products, today announced that its board of directors approved a twenty-to-one share combination (commonly referred to as a reverse stock split) of its common shares. The share combination was also approved by the controlling shareholders of the Company by written consent. The Company expects the share combination to become effective on or around April 7, 2025, at which time the Companys common shares will begin trading on a combined basis. The Companys common... More
