SuperCom Adjusts Fractional Share Policy After Reverse Split
Company Announcements

SuperCom Adjusts Fractional Share Policy After Reverse Split

SuperCom (SPCB) has released an update.

SuperCom Ltd. has completed a 1-for-20 reverse stock split of its ordinary shares, which are now trading on Nasdaq under the symbol ‘SPCB’. The company has updated the treatment of fractional shares resulting from the split, ensuring fair outcomes for shareholders by rounding up certain fractions or providing cash value in some cases. This move is intended to protect shareholders from potential exploitation and maintains the original reverse split ratio.

For further insights into SPCB stock, check out TipRanks’ Stock Analysis page.

Related Articles
Austin AngeloSuperCom Ltd. (SPCB) Q3 Earnings Cheat Sheet
TheFlySuperCom management to meet with Maxim
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App