Oblong (OBLG) Announces 1-for-40 Reverse Stock Split

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Oblong Announces Reverse Stock Split

August 22, 2024 8:00 AM EDT

Shares Will Begin Trading on a Split-Adjusted Basis on August 26, 2024

DENVER--(BUSINESS WIRE)-- Oblong, Inc. (Nasdaq: OBLG) (Oblong or the Company), the award-winning maker of multi-stream collaboration solutions, announced today that it has filed an amendment to its certificate of incorporation that will effect a reverse stock split of the Company's issued and outstanding shares of common stock by a ratio of 1-for-40, as approved by the Companys stockholders at its 2023 annual meeting and the Companys board of directors. The reverse stock split will become effective at 5:00 PM... More