Inpixon (INPX) Board Approves 1-for-40 Reverse Stock Split
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Inpixon Announces Reverse Stock Split for NASDAQ Compliance
November 1, 2018 12:55 PM EDTPALO ALTO, Calif., Nov. 01, 2018 (GLOBE NEWSWIRE) -- Inpixon (NASDAQ: INPX), a leading indoor positioning and data analytics company, today announced that the Companys Board of Directors has approved a reverse stock split of the Companys common stock whereby every forty (40) shares of its outstanding common stock will automatically be combined into one (1) share of common stock. The reverse split was approved by the Companys shareholders on October 31, 2018 and will be effective as of the commencement of trading on November 2, 2018. The reverse stock split is being implemented for the purpose of complying with... More
