other
confidence high
sentiment neutral
materiality 0.50
Portman Ridge completes 1-for-10 reverse stock split; authorized shares reduced to 20M
BCP Investment Corp
- Reverse split effective Aug 26, 2021; 10 shares combined into 1, no par value change.
- Authorized shares decreased from 100M to 20M concurrent with split.
- Fractional shares not issued; cash paid in lieu; new CUSIP 73688F201.
- Symbol stays PTMN; trading on Nasdaq split-adjusted starts Aug 26.
- About 9.12M shares outstanding after split, subject to fractional adjustments.