Marin Software (MRIN) Reports Board Approval for Reverse Stock Split
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Marin Software’s Board of Directors Approves Reverse Stock Split
August 28, 2017 7:33 PM EDTSAN FRANCISCO, Aug. 28, 2017 (GLOBE NEWSWIRE) -- Marin Software Incorporated (NYSE: MRIN), a leading provider of cross-channel, cross-device, enterprise marketing software for advertisers and agencies, today announced that its Board of Directors has approved proposals to effect a reverse stock split and reduce the number of authorized shares of Marins common stock. The proposals are subject to stockholder approval to adopt an amendment to Marins Restated Certificate of Incorporation.
Over the past year, the board and management have focused on putting in place initiatives to return Marin to growth while... More