Staffing 360 Solutions Announces Reverse Stock Split
Common Stock Will Begin Trading on Split-Adjusted Basis on June 26, 2024
NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) — Staffing 360 Solutions, Inc. (Nasdaq:STAF) (“Staffing 360” or the “Company”), a company executing a buy-integrate-build strategy through the acquisition of staffing organizations in the United States, announced today that it intends to effect a reverse stock split of its common stock at a ratio of one (1) post-split share for every ten (10) pre-split shares. The reverse stock split will become effective at 4:05 p.m., New York time, on Tuesday, June 25, 2024. Staffing 360’s common stock will continue to trade on the Nasdaq Capital Market under the symbol STAF, and will begin trading on a split-adjusted basis when the market opens on Wednesday, June 26, 2024. The new CUSIP number for the common stock following the reverse stock split will be 852387604.