AWH Reminds Stockholders to Vote on Reverse Stock Split for August 28 Special Meeting
Ascend Wellness Holdings is requesting stockholder approval for a reverse stock split at a ratio between 1-for-10 and 1-for-50 at a special meeting scheduled for August 28. The Board unanimously recommends the proposal, which is intended to support a planned application to list the company's Class A common shares on a national securities exchange. Approval requires a majority of outstanding shares, and proxies must be received by 11:00 a.m.
Key figures
- Reverse split ratio
- 1-for-10 to 1-for-50
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