ENGlobal Announces Reverse Stock Split, Nasdaq Communication Regarding Stockholders' Equity
HOUSTON, TX / ACCESSWIRE / November 29, 2023 / ENGlobal Corporation (NASDAQ:ENG), a provider of innovative engineering project solutions focused on the energy industry, today announced that it will effect a one-for-eight reverse split of its common stock, effective at 11:59 pm, Eastern Standard Time, on November 30, 2023 (the "Effective Time"). The reverse stock split is intended to increase the per share trading price of the Company's common...
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