Liberate Technologies established Nov. 9 as the record date for the stockholder vote on its proposed reverse stock split.
The interactive-TV vendor said it will file a definitive proxy statement on the split and mail it to shareholders “as soon as possible” after Nov. 9.
Liberate’s board approved a reverse 1-for-250,000 split of common stock, to be followed immediately by a forward 250,000-for-1 split, subject to stockholder approval, June 16.
The smarter way to stay on top of the multichannel video marketplace. Sign up below.
Thank you for signing up to Multichannel News. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.