23andMe Holding (ME) Announces 1:20 Reverse Share Split

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23andMe Announces 1-for-20 Reverse Stock Split

October 11, 2024 8:15 AM EDT

SUNNYVALE, Calif., Oct. 11, 2024 (GLOBE NEWSWIRE) -- 23andMe Holding Co. (Nasdaq: ME) (the Company or 23andMe), announced today that the 1-for-20 reverse stock split of the Companys Class A and Class B common stock will become effective as of 12:01 a.m. EST on October 16, 2024 (the Effective Time).

As previously disclosed, at the Companys 2024 Annual Meeting of Stockholders, the Companys stockholders voted to approve an amendment to the Companys Certificate of Incorporation (the Charter Amendment) to combine outstanding shares of Class A common stock and Class B common stock, respectively, into a lesser... More