Buzzfeed, inc. announces 1-for-4 reverse stock split

New york--(business wire)--buzzfeed, inc. (nasdaq: bzfd) today announced that its board of directors and shareholders approved a 1-for-4 reverse stock split of the company's class a common stock, par value $0.0001 per share, and class b common stock, par value $0.0001 per share, which will be effective at 12:01am est on may 6, 2024. buzzfeed's class a common stock will continue to be traded on the nasdaq capital market on a split-adjusted basis beginning on may 6, 2024, under the company's exis.
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