NEW YORK, Aug. 23, 2023 /PRNewswire/ -- Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company"), announced today that its Board of Directors has approved a reverse stock split of its common stock, par value $0.001 per share (the "Common Stock") at a ratio of 1-for-125 (the "Reverse Stock Split"). The Reverse Stock Split is expected to become effective on August 25, 2023 (the "Effective Date"), and the shares are expected to begin trading on the split-adjusted basis on the Nasdaq under the Company's existing trading symbol "IDEX" at market open on August 25, 2023, upon Nasdaq's approval. The new CUSIP number following the Reverse Stock Split will be 45166V205.
Read more at prnewswire.comIdeanomics Announces Reverse Stock Split
PR Newswire - Press Release
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