All For One Media Corp. Achieves Significant Milestone Towards Acquisition of All Entertainment Media Group
MOUNT KISCO, N.Y., May 15, 2023 /PRNewswire/ — All For One Media Corp. (OTC-PINK: AFOM) (“AFOM” or the “Company”) today announced filing with the Financial Industry Regulatory Authority (FINRA) for a 1-for-2,854 reverse stock split of its capital stock. Following the effectiveness of the reverse split, the outstanding common stock of the Company will be reduced from approximately 8.9 billion shares to approximately 10 million shares, after giving effect to the issuance to acquire All Entertainment Media Group. The reverse split is expected to be effective 20 days after mailing an Information Statement on Schedule 14C to stockholders in accordance with SEC rules, or approximately June 12, 2023, and upon the effective date of the stockholder approval.
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