Colfax announces plans for reverse stock split

Wilmington, de, dec. 30, 2021 (globe newswire) -- colfax corporation (“colfax” or the “company”) (nyse: cfx), a leading diversified technology company, announced today that it plans to hold a special meeting of stockholders to seek approval for an amendment to the company's amended and restated certificate of incorporation (the “certificate of incorporation”) to effect, at the discretion of the board of directors, (i) a reverse stock split of the company's common stock, par value $0.001 per share (the “common stock”), at one of three reverse stock split ratios, one-for-two, one-for-three or one-for-four, with the exact ratio to be determined by the board of directors of the company at a later date, and (ii) if and when the reverse stock split is effected, a corresponding reduction in the number of authorized shares of our common stock by the selected reverse stock split ratio.
CFX Ratings Summary
CFX Quant Ranking