Amwell (AMWL) Announces 1:20 Reverse Share Split

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Amwell Announces Reverse Stock Split

June 28, 2024 7:00 AM EDT

Boston, June 28, 2024 (GLOBE NEWSWIRE) -- Amwell®(NYSE: AMWL), a small-cap growth healthcare company and a leading provider of healthcare software as a service, today announced that its Board of Directors (the Board) has approved a 1-for-20 reverse stock split (Reverse Split) of its Class A common stock, Class B common stock and Class C common stock (collectively, the Common Stock), that is expected to become effective on July 10, 2024 at 5:00 p.m. EDT. The shares of the Companys Class A common stock are expected to begin trading on the New York... More