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Nebraska Book Holdings, Inc. Announces 1-for-1,000 Reverse Stock Split
March 2, 2021 GMT
LINCOLN, Neb. (BUSINESS WIRE) Mar 2, 2021
Nebraska Book Holdings, Inc. (“NBC”) today announced that its Board of Directors has declared a 1-for-1,000 reverse stock split of the company’s common stock, par value $0.001 per share, which is anticipated to be effective on March 31, 2021. At that time, each 1,000 shares of issued and outstanding common stock and equivalents will be converted into one share of common stock. As a result of the reverse stock split, proportional adjustments will be made to the number of shares of common stock issuable upon exercise or conversion, and to the per share exercise or conversion price, of the company’s outstanding warrants and other derivative securities, in each case in accordance with their terms. The reverse stock split will affect all holders of common