(Total Views: 31)
Posted On: 08/28/2025 4:59:30 PM
Post# of 80
NetworkNewsBreaks – SEGG Media Corporation (NASDAQ: SEGG, LTRYW) Board Approves 1-for-10 Reverse Stock Split
SEGG Media (NASDAQ: SEGG, LTRYW), a leading sports, entertainment and gaming conglomerate that owns Sports.com, Concerts.com and Lottery.com, today announced that its Board of Directors approved a 1-for-10 reverse stock split of its issued and outstanding common stock, effective at the opening of trading on Aug. 29, 2025, subject to final coordination with NASDAQ, FINRA and the Company’s transfer agent. The reverse stock split, which follows shareholder approval at the Company’s annual meeting on Feb. 20, 2025, is intended to support SEGG Media’s strategic objectives of attracting institutional investors, improving market structure through tighter spreads and steadier trading volumes, and limiting market manipulation.
NOTE TO INVESTORS: The latest news and updates relating to SEGG are available in the company’s newsroom at https://nnw.fm/SEGG
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
SEGG Media (NASDAQ: SEGG, LTRYW), a leading sports, entertainment and gaming conglomerate that owns Sports.com, Concerts.com and Lottery.com, today announced that its Board of Directors approved a 1-for-10 reverse stock split of its issued and outstanding common stock, effective at the opening of trading on Aug. 29, 2025, subject to final coordination with NASDAQ, FINRA and the Company’s transfer agent. The reverse stock split, which follows shareholder approval at the Company’s annual meeting on Feb. 20, 2025, is intended to support SEGG Media’s strategic objectives of attracting institutional investors, improving market structure through tighter spreads and steadier trading volumes, and limiting market manipulation.
NOTE TO INVESTORS: The latest news and updates relating to SEGG are available in the company’s newsroom at https://nnw.fm/SEGG
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
(0)
(0)
