iCoreConnect Inc. announced a 1-for-20 reverse stock split to enhance workflow productivity in healthcare

From GlobeNewswire: 2024-12-19 08:30:00

iCoreConnect Inc. (NASDAQ: ICCT) announced a 1-for-20 reverse stock split of its common stock, effective December 20, 2024. The stock will begin trading on The Nasdaq Capital Market on December 23, 2024, under the ticker symbol “ICCT” with a new CUSIP number 450958301. This reverse split will consolidate every twenty shares into one share, reducing outstanding shares from 33.0 million to 1.6 million. No fractional shares will be issued, and the number of authorized shares will remain at 250 million. The reverse split aims to enhance workflow productivity and profitability in healthcare through cloud-based software solutions.



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