BRIEF-AVCT Announces Intent To Effect Reverse Stock Split

Reuters2022-09-30

Sept 29 (Reuters) - American Virtual Cloud Technologies Inc :

* AVCT ANNOUNCES INTENT TO EFFECT REVERSE STOCK SPLIT

* REVERSE STOCK SPLIT WILL BECOME EFFECTIVE ON SEPTEMBER 30, 2022

* AMERICAN VIRTUAL CLOUD TECHNOLOGIES- INTENDS TO EFFECT A 1-FOR-15 REVERSE STOCK SPLIT OF ITS ISSUED AND OUTSTANDING SHARES OF COMMON STOCK

* AMERICAN VIRTUAL CLOUD TECHNOLOGIES - CO'S COMMON STOCK IS EXPECTED TO BEGIN TRADING ON A SPLIT-ADJUSTED BASIS WHEN MARKET OPENS ON OCTOBER 3, 2022

* AMERICAN VIRTUAL CLOUD TECHNOLOGIES- REVERSE STOCK SPLIT DID NOT CHANGE PAR VALUE OF COMMON STOCK OR AUTHORIZED NUMBER OF SHARES OF COMMON STOCK

* CO'S COMMON STOCK WILL CONTINUE TO TRADE ON NASDAQ CAPITAL MARKET UNDER SYMBOL "AVCT."

Source text for Eikon: Further company coverage:

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L N Ramesh
2022-09-30
L N Ramesh
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American Virtual Cloud Technologies Inc   :</p><p>   * AVCT ANNOUNCES INTENT TO EFFECT REVERSE STOCK SPLIT</p><p>   * REVERSE STOCK SPLIT WILL BECOME EFFECTIVE ON SEPTEMBER 30, 2022</p><p>   * AMERICAN VIRTUAL CLOUD TECHNOLOGIES- INTENDS TO EFFECT A 1-FOR-15 REVERSE STOCK SPLIT OF ITS ISSUED AND OUTSTANDING SHARES OF COMMON STOCK</p><p>   * AMERICAN VIRTUAL CLOUD TECHNOLOGIES - CO'S COMMON STOCK IS EXPECTED TO BEGIN TRADING ON A SPLIT-ADJUSTED BASIS WHEN MARKET OPENS ON OCTOBER 3, 2022</p><p>   * AMERICAN VIRTUAL CLOUD TECHNOLOGIES- REVERSE STOCK SPLIT DID NOT CHANGE PAR VALUE OF COMMON STOCK OR AUTHORIZED NUMBER OF SHARES OF COMMON STOCK</p><p>   * CO'S COMMON STOCK WILL CONTINUE TO TRADE ON NASDAQ CAPITAL MARKET UNDER SYMBOL \"AVCT.\"</p><p>Source text for Eikon:    Further company coverage:   </p><p>((reuters.briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4116":"互联网服务与基础架构"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2271747961","content_text":"Sept 29 (Reuters) - 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