other_material
confidence high
sentiment neutral
materiality 0.50
Advantage Solutions board approves 1-for-25 reverse stock split effective March 26, 2026
Advantage Solutions Inc.
- Stockholders approved reverse split at special meeting; 289.4M shares voted for, 1.8M against.
- Board set ratio at 1-for-25; split effective 5:00 p.m. ET on March 26, 2026.
- Shares begin trading split-adjusted on March 27, 2026 under symbol 'ADV' with new CUSIP 00791N201.
- No fractional shares issued; cash paid in lieu based on closing price on March 26.
- Proportionate adjustments to outstanding equity awards and shares under equity plans.
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