other material
confidence high
sentiment neutral
materiality 0.50
Comstock Inc. authorizes 1-for-10 reverse stock split effective Feb 25, 2025
Comstock Inc.
- Shareholders approved reverse split with over 92% votes cast in favor at special meeting Feb 14, 2025.
- Board authorized 1-for-10 split; shares will trade on NYSE American under LODE with new CUSIP 205750409.
- Post-split shares outstanding approximately 23,767,578; authorized shares remain unchanged at 245,000,000.
- No fractional shares issued; any fractional shares will be rounded up to the nearest whole share.
- Management cites strong shareholder support for capitalizing on growth opportunities in Fuels and Metals segments.