other material
confidence high
sentiment negative
materiality 0.55
23andMe completes 1-for-20 reverse stock split; shares reduced from ~350M to ~17.5M Class A
Chrome Holding Co.
- Effective Oct 16, 2024, each 20 shares combined into 1 share; new CUSIP 90138Q306.
- Class A shares outstanding reduced from ~350.3M to ~17.5M; Class B from ~166.4M to ~8.3M.
- No fractional shares issued; fractional entitlements rounded up to next whole share.
- Equity plan authorized shares adjusted to 10,034,656; ESPP to 580,456 (both 1-for-20).
- Outstanding stock awards proportionally adjusted with exercise prices.