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Fluent to Implement 1-for-6 Reverse Stock Split
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Fluent to Implement 1-for-6 Reverse Stock Split
Apr 10, 2024 6:50 AM

09:31 AM EDT, 04/10/2024 (MT Newswires) -- Fluent (FLNT) said Wednesday that it will implement a 1-for-6 reverse stock split on Thursday to regain compliance with Nasdaq's minimum bid price requirement for continued listing.

The marketing company said the reverse split will reduce its outstanding shares to about 13.6 million from 81.6 million.

Fluent said its stock will start trading on a split-adjusted basis on Friday under the same "FLNT" ticker.

Price: 0.51, Change: +0.01, Percent Change: +1.44

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