MIAMI, Oct. 5, 2023 /PRNewswire/ -- Cano Health, Inc. ("Cano Health" or the "Company") (NYSE:CANO) today announced that it has filed a preliminary proxy statement with the SEC regarding a special stockholders' meeting to authorize Cano Health's Board of Directors to effect a reverse stock split of the Company's Class A and Class B common stock (the "Common Stock") at a ratio of 1-for-60, with the Board having the right to adjust such ratio down to 1-for-5 and up to 1-for-100 (the "Reverse Stock Split"). The Board will determine the final split ratio after stockholder approval and would retain the authority to abandon the Reverse Stock Split at any time or to delay or postpone it.
Read more at prnewswire.comCano Health Files Preliminary Proxy Statement with the SEC to initiate plan for Reverse Stock Split
PR Newswire - Press Release
All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here
/Amazon%20-%20Image%20by%20bluestork%20via%20Shutterstock.jpg)
/Apple%20Inc%20logo%20on%20Apple%20store-by%20PhillDanze%20via%20iStock.jpg)
/Space%20Technology%20by%20Rini_%20com%20via%20Shutterstock.jpg)
