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0 0 0.0380622837370243 0.00311418685121111 0.00311418685121111 -0.0242214532871973 -0.0588235294117648 0.013840830449827
Stock impact report

Iveda Solutions, Inc. Announces Reverse Stock Split to be Effective September 17, 2024; Publicly Traded Warrant Adjustment

Iveda Solutions, Inc. (IVDA) 
NASDAQ:AMEX Investor Relations: iveda.com/investor-relations
Company Research Source: Business Wire
MESA, Ariz.--(BUSINESS WIRE)--Iveda Solutions, Inc. (the “Company”) (NASDAQ: IVDA) announced that it has approved a 1-for-8 reverse stock split of the outstanding and authorized shares of its common stock and corresponding adjustment to the publicly traded common stock purchase warrants.Pursuant to the reverse stock split, each eight (8) shares of the Company’s outstanding common stock, $0.00001 par value per share, will be automatically combined and converted into one (1) outstanding share of common stock. In addition, the current publicly traded common stock purchase warrants (NASDAQ:IVDAW) will be proportionately adjusted under the current terms of the warrant agreement so that each 8 warrants will be entitled to acquire one share of common stock at a revised purchase price per share of $34.00 ($4.25 per warrant) The split will also reduce the number of the Company’s authorized common stock from 37,500,000 shares to 4,687,500 shares.The Company will continue to be subject to pe Show less Read more
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