other material
confidence high
sentiment neutral
materiality 0.50
BlackSky 1-for-8 reverse stock split effective Sept 6; trading adjusted Sept 9
BlackSky Technology Inc.
- Reverse stock split at 1-for-8 ratio effective 4:15 p.m. ET Sept 6; shares trade split-adjusted on NYSE Sept 9.
- Symbol remains BKSY; new CUSIP 09263B207; warrants (BKSY.W) unchanged.
- Fractional shares paid in cash based on closing price of BKSY on Sept 6.
- Proportional adjustments to equity awards, warrants, and shares reserved under equity plans.
- Reverse split approved by stockholders at annual meeting on Sept 4, 2024.