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Razorfish Board gibt heute einen Reverse Stock Split bekannt
NEW YORK--(BUSINESS WIRE)--July 15, 2002--Razorfish, Inc. (Nasdaq:RAZF - News), the digital solutions provider, today announced that its Board of Directors has authorized a reverse stock split of its common stock in a ratio of one-for-30 (1:30).
The reverse split affects all the issued and outstanding common shares, stock options and warrants of the Company. The record date for the reverse split is July 16, 2002 and the Company`s new common stock will begin trading under the split adjustment when the market opens on July 16, 2002.
At the annual stockholders meeting on July 11, 2002, Razorfish`s stockholders authorized the Company to effect a reverse split of its common stock in a ratio from 1-for-10 to 1-for-30 as determined by the Razorfish Board of Directors.
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