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materiality 0.70
Lazydays announces 1-for-30 reverse stock split to meet Nasdaq $1 bid price requirement
Lazydays Holdings, Inc.
- Reverse stock split at 1-for-30 ratio effective 5:00 p.m. ET on July 11, 2025; split-adjusted trading begins July 14.
- Split intended to increase per share price to regain compliance with Nasdaq minimum $1.00 bid price requirement.
- Every 30 pre-split shares combine into 1 new share; fractional shares rounded up to nearest whole share.
- Stock symbol remains 'GORV' with new CUSIP 52110H209; percentage ownership unchanged except for rounding.
- CEO Ron Fleming states move supports long-term stability as company continues operational turnaround plan.
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