![]() ![]() The reverse stock split is primarily intended to bring the Company into compliance with Nasdaq’s minimum bid price requirement. Stockholders of record otherwise entitled to receive a fractional share as a result of the reverse stock split will automatically be entitled to receive an additional fraction of a share of common stock to round up to the next whole share. Immediately after the reverse stock split becomes effective, the Company will have approximately 966,758 shares of common stock issued and outstanding. ![]() No fractional shares will be issued as a result of the reverse stock split. Outstanding equity-based awards and other outstanding equity rights will be proportionately adjusted. Upon effectiveness of the reverse stock split, every 30 shares of Kiromic common stock issued and outstanding as of the effective date will be automatically combined into one share of common stock. The reverse stock split was previously approved by Kiromic stockholders at the Special Meeting of Stockholders held on March 7, 2023, with the final ratio determined by the Company’s Board of Directors. As a result of the reverse stock split, the CUSIP number for the Company’s common stock will now be 497634204. Kiromic common stock will begin trading on a split-adjusted basis when the market opens on Maunder the existing trading symbol KRBP. (NASDAQ: KRBP) (“Kiromic” or the “Company”), a clinical-stage fully-integrated biotherapeutics company using its proprietary DIAMOND® artificial intelligence and data mining platform to develop cell therapies with a focus on immune-oncology, announces that it will effect a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-30 effective as of 4:01 p.m. The Group has 80 internal game development studios and is engaging more than 8,500 employees and contracted employees in more than 40 countries.Įmbracer Group’s shares are publicly listed on Nasdaq First North Growth Market Stockholm under the ticker EMBRAC B with FNCA Sweden AB as its Certified Adviser +46-8-528 00 399.HOUSTON-(BUSINESS WIRE)-Mar. With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its eight operative groups: THQ Nordic, Koch Media, Coffee Stain, Amplifier Game Invest, Saber Interactive, DECA Games, Gearbox Entertainment and Easybrain. The Group has an extensive catalogue of over 240 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory, Wreckfest, Insurgency, World War Z and Borderlands, amongst many others. ![]() Lars Wingefors, Co-founder and Group CEO of Embracer Group ABĮmbracer Group is the parent company of businesses developing and publishing PC, console and mobile games for the global games market. The quota value of each share will be changed from approximately SEK 0.0027 to approximately SEK 0.0013.įor additional information, please contact: The number of shares after completion of the share split will be 1,014,949,830, divided on 66,798,274 A shares and 948,151,556 B shares (before the share split 507,474,915 shares in total). New ISIN codes for the A share is: SE0016828503 and the B share: SE0016828511. The share split will be carried out automatically through Euroclear Sweden AB and shareholders do not need to take any action. The first day of trading in the company’s shares after the share split is 29 September 2021. The last day of trading in the company’s shares before the share split is 28 September 2021. The board of directors has determined that the record date for the split of the shares in the company will be 30 September 2021. The board of directors was also authorized by the annual general meeting to determine the record date for the split. ![]() On 16 September 2021, the annual general meeting in Embracer Group AB resolved on a share split 2:1 whereby an existing A share and an existing B share each will be split into two new shares respectively. ![]()
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