other
confidence high
sentiment neutral
materiality 0.50
Viewbix implements 1-for-4 reverse stock split effective July 15, 2024
Viewbix Inc.
- Shareholders holding ~75.56% voting power approved the reverse split on June 10, 2024.
- Board set exact ratio of 1-for-4 on July 10, 2024; split effective July 15, 2024.
- Outstanding shares reduced from ~18.84M to ~4.71M post-split; fractional shares rounded up.
- Authorized shares unchanged at 490M; par value remains $0.0001 per share.
- Adjustments made to warrants, options, and convertible securities per their terms.