Doma To Complete 1-For-25 Reverse Stock Split
Portfolio Pulse from Happy Mohamed
Doma Holdings, Inc. (NYSE:DOMA) has announced a 1-for-25 reverse stock split, effective June 29, 2023. The split will not alter any stockholder's percentage interest in the company's outstanding common stock, except for adjustments resulting from fractional shares treatment.
June 21, 2023 | 8:17 pm
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NEUTRAL IMPACT
Doma Holdings' 1-for-25 reverse stock split may lead to short-term price volatility as the market adjusts to the new share structure.
The reverse stock split will not alter stockholders' percentage interest in the company, but it may cause short-term price volatility as the market adjusts to the new share structure. Investors should monitor the stock's performance closely following the split.
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IMPORTANCE 75
RELEVANCE 100