other material
confidence high
sentiment negative
materiality 0.65
SelectQuote announces special meeting to approve reverse stock split; record date Jan 11
SelectQuote, Inc.
- Special meeting on March 2, 2023 to vote on reverse stock split amendment.
- Record date for voting is January 11, 2023; ratio not yet specified.
- Reverse split at Board's discretion; would not affect ownership percentage or operations.
- Board may revoke proposal or cancel meeting at any time.
- Company likely seeking to cure NYSE listing deficiency (implied by forward-looking statements).