other_material
confidence high
sentiment neutral
materiality 0.50
Power REIT announces 1-for-10 reverse stock split effective June 2, 2026
Power REIT
- Reverse split ratio 1-for-10; effective 5:00 pm ET June 2, 2026; trading on split-adjusted basis June 3.
- No fractional shares issued; cash in lieu based on closing price on June 2.
- Relative ownership unchanged except for de minimis cash adjustments for fractional shares.
- Board approved under Maryland law; no shareholder vote required.
- New CUSIP 73933H309 assigned; stock symbol remains PW on NYSE American.
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