Vislink Technologies, Inc. Announces 1-For-20 Reverse Stock Split as Part of Nasdaq Compliance Plan
Mt. Olive, NJ, April 28, 2023 (GLOBE NEWSWIRE) — Vislink Technologies, Inc. (NASDAQ:VISL) (“Vislink” or the “Company”), today announced that it will effect a 1-for-20 reverse stock split (“Reverse Split”) of its common stock, $0.00001 par value per share (“Common Stock”), that will become effective on May 1, 2023 at 12:01 a.m. EST. The shares of the Company’s common stock are expected to begin trading on the NASDAQ Capital Market (“NASDAQ”) on a post-split basis on May 1, 2023. No change was made to the trading symbol for the Company’s shares of common stock, “VISL” in connection with the Reverse Split.
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