AgEagle Aerial Systems announces 1-for-50 reverse stock split to meet NYSE American price requirement

AgEagle Aerial Systems Inc.

Reverse stock split at 1:50 ratio approved by Board on Oct 3, 2024; effective Oct 14, 2024 at 5:00 p.m. ET.
Outstanding shares will reduce from 39,720,458 to approximately 850,409; no fractional shares issued, rounding up to whole share.
Ticker symbol UAVS unchanged; new CUSIP number 00848K 309.
Split intended to ensure compliance with NYSE American minimum per-share price listing standard.
Stockholders holding in street name need not take action; Equiniti Trust Company acting as exchange agent.

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