other material
confidence high
sentiment positive
materiality 0.75
Shareholders approve reverse split, reincorporation, name change; merger with Horizon Kinetics set for July 1
Horizon Kinetics Holding Corp
- Over 87% of outstanding shares voted; 99%+ approved all proposals.
- 1-for-20 reverse stock split of common stock approved.
- Reincorporation from Colorado to Delaware and name change to Horizon Kinetics Holding Corporation approved.
- Merger with Horizon Kinetics LLC expected to close on July 1, 2024.
- Effective same day: reverse split, new name, and OTC ticker change to HKHC.