FTC Solar Announces Reverse Stock Split
FTC Solar, Inc. (FTCI)
Company Research
Source: GlobeNewswire
AUSTIN, Texas, Nov. 27, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI) (“FTC Solar”), a leading provider of solar tracker systems, today announced that it will implement a reverse stock split of its issued and outstanding Common Stock at a ratio of 1-for-10, effective at 5:00 PM Eastern Time on November 29, 2024, to satisfy the Nasdaq Capital Market’s minimum $1.00 bid price per share requirement. The reverse stock split will be effected simultaneously for all outstanding shares of the Company’s Common Stock and will affect all of the Company’s stockholders uniformly. FTC Solar’s Common Stock will continue to trade on the Nasdaq Capital Market under the Company’s existing trading symbol “FTCI” and will begin trading on a split-adjusted basis at the commencement of trading on December 2, 2024. The new CUSIP number for the common stock following the reverse split will be: 30320C 301. The Company’s stockholders previously approved the reverse stock split and granted the Comp
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FTCI
News
- FTC Solar files for secondary offering of common stock [Seeking Alpha]Seeking Alpha
- FTC Solar Announces Closing of Promissory Note Private Placement [Yahoo! Finance]Yahoo! Finance
- FTC Solar Announces Closing of Promissory Note Private PlacementGlobeNewswire
- Sitetracker Acquires the ATLAS Software Platform from FTC Solar to Enhance Sitetracker's Position as the Leading Full Asset Lifecycle Management Platform for the Renewables Industry [Yahoo! Finance]Yahoo! Finance
- FTC Solar announces 1-for-10 reverse stock split [Yahoo! Finance]Yahoo! Finance
FTCI
Earnings
- 11/12/24 - Miss
FTCI
Analyst Actions
- 11/13/24 - HC Wainwright
FTCI
Sec Filings
- 12/30/24 - Form S-3
- 12/16/24 - Form 4
- 12/10/24 - Form 4/A
- FTCI's page on the SEC website