04:09 AM EST, 12/31/2024 (MT Newswires) -- The Real Good Food Company ( RGF ) said late Monday its board has approved a 12-for-1 reverse split of its class A common shares and class B common shares, effective at 5 pm ET on Jan. 3, in an effort to regain compliance with Nasdaq's minimum bid price requirement.

The shares will begin trading on a split-adjusted basis on Jan. 6.