other material
confidence high
sentiment neutral
materiality 0.65
5E Advanced Materials announces 1-for-23 reverse stock split effective Feb 14, 2025
5E Advanced Materials, Inc.
- Board approved 1-for-23 reverse stock split; effective 5:00 p.m. ET Feb 14, 2025.
- Common stock to trade split-adjusted under FEAM starting Feb 18, 2025.
- No fractional shares; cash payment in lieu based on closing price Feb 14.
- CUSIP changes to 33830Q 208; par value and share-to-CDI ratio unchanged.
- Stockholders approved reverse split at Jan 21, 2025 annual meeting.