Oblong announces reverse stock split

Los angeles--( business wire )--oblong, inc. (nasdaq: oblg) (“oblong” or the “company”), the award-winning maker of multi-stream collaboration solutions, announced today that it has filed an amendment to its certificate of incorporation that will effect a reverse stock split of the company's issued and outstanding shares of common stock by a ratio of 1-for-15, as approved by the company's stockholders at its annual meeting and the company's board of directors. the reverse stock split will become effective at 5:00 pm eastern time on january 3, 2023, and the company's shares of common stock will begin trading on a split-adjusted basis on the nasdaq capital market at the commencement of trading on january 4, 2023 under the company's existing trading symbol “oblg.”
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