Flotek Industries announces 1-for-6 reverse stock split effective Sept 25, 2023 to regain NYSE compliance

FLOTEK INDUSTRIES INC/CN/

Board approved 1-for-6 reverse stock split, effective after market close on Sept 25, 2023.
Common stock to trade on split-adjusted basis under symbol FTK starting Sept 26, 2023; new CUSIP 343389409.
No fractional shares issued; any fractional interest rounded up to nearest whole share.
Reverse split aims to help Flotek regain NYSE continued listing compliance, but no assurance.
Percentage ownership and voting power remain substantially unchanged except for fractional share adjustments.

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