other
confidence high
sentiment neutral
materiality 0.50
Rubicon Technologies completes 1-for-8 reverse stock split effective Sept 26, 2023
Rubicon Technologies, Inc.
- Reverse split combined every 8 shares of Class A common into 1 share; authorized shares unchanged.
- Trading on NYSE begins on split-adjusted basis Sept 27, 2023 under new CUSIP 78112J208.
- Equitable adjustments made to warrants, equity awards, and incentive plan shares proportionally.
- No fractional shares issued; stockholders receiving fractional share get one whole share instead.