Blue apron announces 1-for-12 reverse stock split

New york--(business wire)--blue apron holdings, inc. (nyse: aprn) today announced that its board of directors approved a reverse stock split of the company's class a common stock at a ratio of 1-for-12. earlier on june 7, 2023, at the company's annual meeting of stockholders, the company's stockholders approved a reverse stock split of the company's class a common stock at a split ratio of between 1-for-5 and 1-for-20. the reverse stock split is expected to be effective after market close on ju.
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