FuelCell Energy Announces 1-For-30 Reverse Stock Split
From GlobeNewswire: 2024-11-07 08:39:00
FuelCell Energy, Inc. (Nasdaq: FCEL) announced a 1-for-30 reverse stock split effective November 8, 2024, with trading on The Nasdaq Global Market starting on November 11, 2024. The split aims to increase the bid price of common stock for listing compliance and investor interest. All shares will be reclassified automatically, with no fractional shares issued. Stockholders will receive a cash payment for any fractional shares. The total number of authorized shares and stock par value will remain unchanged. FuelCell Energy is a global leader in sustainable energy technologies with 531 fuel cell patents.
Read more at GlobeNewswire: FuelCell Energy Announces 1-For-30 Reverse Stock Split