logo
Share SHARE
FONT-SIZE Plus   Neg

MGT Capital ReportsAdministrative Change To Proposed Reverse/Forward Stock Split

MGT Capital Investments, Inc. (MGT) said that it was notified on March 15, 2012 by NYSE Amex LLC that the Company was expected to require that Company shareholders surrender their share certificates upon the effectiveness of the Company's previously disclosed reverse-forward stock split. The combined Reverse/Forward Split ratio equates to approximately 1-for-33 shares of Common Stock.

The company anticipates that the Reverse/Forward Split will become effective on March 21, 2012 following approval at a special meeting of the shareholders of the Company to be held on March 20, 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
So far this year, 23 novel drugs have already received FDA approval. Now let's take a look at the biotech stocks waiting to hear from the FDA in July. President Donald Trump has continued his assault on one of his favorite targets on Wednesday, lashing out at major media outlets in a series of posts on Twitter. Trump singled out the New York Times and the Washington Post in his tweets, describing the newspapers as "fake news." Christoph, born on-board a Spirit flight destined to Dallas from Fort Lauderdale airport, can celebrate all his forthcoming birthdays in life with a free travel on Spirit airline.
comments powered by Disqus
Follow RTT