other_material
confidence high
sentiment neutral
materiality 0.65
QVC Group announces 1-for-50 reverse stock split and voluntary delisting of QVCGB from Nasdaq
QVC Group, Inc.
- Reverse stock split of QVCGA and QVCGB at 1-for-50 effective May 22, 2025, to regain Nasdaq compliance for QVCGA.
- Company will voluntarily delist QVCGB from Nasdaq Capital Market on or about May 27, 2025, and transfer to OTCQB.
- As of April 30, 2025, QVCGA had 394M shares and QVCGB had 9.1M shares outstanding; post-split: ~7.9M and 182K shares.
- Renee Wilm stepped down as Chief Legal Officer effective May 13, 2025; succeeded by Eve DelSoldo, EVP & General Counsel.
- Investor relations inquiries now directed to [email protected].
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