Urgent.ly announces 1-for-12 reverse stock split to regain Nasdaq minimum bid compliance

Urgent.ly Inc.

Reverse split ratio 1-for-12 effective as of 4:01 p.m. ET on March 17, 2025; trading on split-adjusted basis begins March 18.
Authorized common shares reduced from 1,000,000,000 to 500,000,000; par value unchanged at $0.001.
Stockholders approved at March 12 special meeting with 6,711,154 votes for, 107,372 against.
Fractional shares to be paid in cash based on closing price on March 17, adjusted for split; CUSIP changes to 916931207.
Outstanding warrants, options, and RSUs proportionally adjusted; ticker symbol ULY unchanged.

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