Edgio announces 1-for-40 reverse stock split effective March 1, 2024

Edgio, Inc.

Reverse split at 1-for-40 ratio; every 40 shares become 1 share.
Effective March 1, 2024; authorized shares unchanged at 200M.
Stockholders approved reverse split range on Jan 26, 2024.
CUSIP changes to 53261M203; fractional shares paid in cash.
No change to proportionate equity or voting rights.

item 5.03 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Edgio, Inc.: Amended certificate of incorporation to effect a 1-for-40 reverse stock split (effective 2024-03-01).

Change: charter amendment
Effective: 2024-03-01

Exact text from the filing

On March 1, 2024, Edgio, Inc. (the “Company”) will file a Certificate of Amendment to its Amended and Restated Certificate of Incorporation (the “Charter”), effecting a one-for-forty (1-for-40) reverse stock split (the “Reverse Stock Split”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”) (the “Certificate of Amendment”).

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Source: SEC EDGAR

accession 0001193125-24-047500

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