other
confidence high
sentiment neutral
materiality 0.60
Aeva announces 1-for-5 reverse stock split effective March 18, 2024
Aeva Technologies, Inc.
- Reverse split reduces shares from ~263.8M to ~52.8M.
- Split effective at 4:01 p.m. ET on March 18; split-adjusted trading starts March 19.
- Aim is to meet NYSE minimum price criteria for continued listing.
- Stock symbol AEVA unchanged; new CUSIP 00835Q202.
- Proportionate adjustments to equity awards, warrants, and plans.