Flotek Industries executes 1-for-6 reverse stock split to regain NYSE listing compliance

FLOTEK INDUSTRIES INC/CN/

Reverse stock split effective as of 4:01 p.m. ET on September 25, 2023; shares begin trading split-adjusted on September 26 under symbol FTK.
Each six pre-split shares converted into one post-split share; fractional shares rounded up to whole shares, no cash paid.
Par value and number of authorized shares unchanged; each stockholder's percentage ownership unchanged except for fractional share adjustments.
New CUSIP number for post-split shares is 343389409; stockholders holding certificates may surrender them to transfer agent Equiniti.
Company anticipates the split will help regain NYSE continued listing compliance, but no assurance is given.

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