Horizon Kinetics Holding completes 1-for-20 reverse stock split; trades under SLGDD temporarily

Horizon Kinetics Holding Corp

Reverse stock split (1-for-20) completed on Aug 5, 2024; common stock now trades under temporary ticker SLGDD for 20 days.
Approximately 18 million shares issued to Horizon Kinetics as merger consideration on a post-split basis; not yet eligible for trading.
Legacy shareholders own approximately 3.5% of the combined company on a post-split basis.
Horizon Kinetics had AUM of approximately $7.9 billion and Net Tangible Assets of approximately $250 million as defined in the merger agreement.

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