National CineMedia (NCMI) Announces 1-for-10 Reverse Stock Split

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National CineMedia, Inc. Announces Reverse Stock Split

August 3, 2023 12:30 PM EDT

Effective Open of Business on August 4, 2023

Reverse Stock Split Fulfills Obligations Under Restructuring Support Agreement and NCMI 9019 Settlement

CENTENNIAL, Colo.--(BUSINESS WIRE)-- National CineMedia, Inc. (Nasdaq: NCMI) (the Company), the managing member and owner of National CineMedia, LLC (NCM LLC), the operator of the largest cinema advertising platform in the U.S., today announced it has effectuated a 1-for-10 Reverse Stock Split of its Common Stock. The Companys Common Stock will automatically begin trading on a split-adjusted basis at the opening of the market on... More