Edgio (EGIO) Announces Effectiveness of Reverse Stock Split
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Edgio Announces Effectiveness of Reverse Stock Split
February 27, 2024 11:50 AM ESTPHOENIX--(BUSINESS WIRE)-- Edgio, Inc. (NASDAQ: EGIO) (the Company), the platform of choice for speed, scale, security, and simplicity at the edge, today announced that, on March 1, 2024, the Company will file a Certificate of Amendment to its Amended and Restated Certificate of Incorporation (the Charter), effecting a one-for-forty (1-for-40) reverse stock split (the Reverse Stock Split) of the Companys common stock, par value $0.001 per share (the Common Stock) (the Certificate of Amendment). The Certificate of Amendment was approved by the Board of Directors of the Company (the Board) and will become effective March 1, 2024.
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