IGOI News Alert IGO Inc (IGOI) 2.6000 02/14/2015 22:40:33

New Post Public Reply Private Reply Replies (0) Message Board
Stock_Tracker
IGO Inc (IGOI) 2.6000 $IGOI

iGo gets FINRA approval of reverse/forward stock splits
M2 - Fri Jul 18, 8:37AM CDT
iGo, Inc. (OTC: IGOI) (OTC: IGOID) said that it has received approval from the Financial Industry Regulatory Authority clearing the reverse and forward stock splits of the company's common stock previously approved by its stockholders and announced on June 25, 2014.

iGo, Inc. Announces Reverse/Forward Stock Split
PR Newswire - Wed Jun 25, 4:59PM CDT
iGo, Inc. (OTC PINK: IGOI) (the "Company" announced today that the Company's Board of Directors has approved a reverse split of the Company's common stock, par value $0.01 per share, immediately followed by a forward stock split of the Company's common stock, intended to reduce the costs associated with servicing stockholder accounts holding relatively small numbers of shares of the Company's common stock. The Board of Directors determined to fix the ratio for the reverse stock split at 1-for-250 and the ratio for the forward stock split at 250-for-1. The reverse and forward stock splits are expected to be effective as of 5:00 pm and 5:01 pm, respectively, on July 17, 2014, subject to approval by the Financial Industry Regulatory Authority, Inc. ("FINRA" . The Board of Directors has retained the authority to reject (and not implement) the reverse and forward stock splits if the Board subsequently determines that the reverse and forward stock splits, for any reason including but not limited to preserving the Company's net operating losses, are not then in the Company's and its stockholders' best interests. Such reasons include any change in the nature of the Company's stockholdings prior to the effective date of reverse and forward stock splits.




Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

Rivian's Q2 Results: Strong Sales Amidst Revisions and Losses

Updated Category News Views 185

Rivian Automotive's Performance in Q2 Rivian Automotive has recently shared its performance update for the second quarter, showcasing noteworthy revenue growth. The company reported net sales amounting to $1.303 billion, reflecting a 5.1% increase compared to the same period last year. This revenue figure surpassed analysts' estimates, which had anticipated sales of...

Continue Reading
CareDx Teams Up with TC BioPharm for Innovative Clinical Trials

Updated Category News Views 125

CareDx and TC BioPharm Collaborate on ACHIEVE Clinical Trial CareDx, Inc. (Nasdaq: CDNA) – the leader in precision medicine focused on transforming the healthcare experience for transplant patients – has announced an exciting collaboration with TC BioPharm. This partnership aims to use the cutting-edge AlloCell™ solution for pharmacokinetic analysis in the ACHIEVE...

Continue Reading
Explore the Exciting Return of The Mosquers Film Festival 2025

Updated Category News Views 190

The Mosquers Film Festival: A Celebration of Culture Excitement is in the air as the beloved Mosquers Film Festival makes its return, drawing film enthusiasts from around the globe. This vibrant festival is set to take place in September and marks its 17th year in promoting the diversity and creativity of Muslim filmmakers. With a variety of films being screened, this...

Continue Reading
Skanska Unveils Ambitious Financial Goals for Future Growth

Updated Category News Views 199

Skanska's Enhanced Financial Commitment: A New Target STOCKHOLM – Skanska has raised its financial target for the Construction sector, now aiming for an operating margin of at least 4.0%. This announcement reflects the company's confidence in its growth strategy and performance enhancement efforts. This adjustment comes just ahead of the company's Capital Markets Day,...

Continue Reading
Nova Compression Enhances West Texas Operations with New Assets

Updated Category News Views 417

Nova Compression Expands Operations in West Texas Nova Compression, LLC, a prominent player in the gas compression sector, is set to enhance its operations substantially in West Texas. This month, Nova announced a significant acquisition of natural gas compression assets from Kodiak Gas Services LLC, which is located in the Pecos area. This strategic purchase marks a...

Continue Reading