Comscore to effect 1-for-20 reverse stock split on Dec 20 to meet Nasdaq minimum bid price

COMSCORE, INC.

Shareholders and board approved reverse split at 1-for-20; effective 9:00 a.m. ET Dec 20, 2023.
Outstanding shares reduced from ~95.1M to ~4.8M; fractional shares will be cashed out.
Stock continues trading under 'SCOR' on Nasdaq; new CUSIP 20564W204.
Split intended to comply with Nasdaq's $1.00 minimum bid price continued listing requirement.
CEO says Comscore expects to meet 2023 financial guidance and sees strong growth in 2024.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.7

COMSCORE, INC. shareholders approved Adopt an amendment to the Amended and Restated Certificate of Incorporation for the purpose of effecting the Reverse Stock Split and the Authorized Share Reduction at the 2023-12-12 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-12-12

Exact text from the filing

the Company's stockholders approved a proposal to adopt an amendment to the Amended and Restated Certificate of Incorporation ("Certificate of Amendment") for the purpose of effecting the Reverse Stock Split and the Authorized Share Reduction

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49 shareholder votes filed in the last 30 days. Browse all shareholder votes →

COMSCORE, INC. filing history →

Source: SEC EDGAR

accession 0001158172-23-000120

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