Bloomberg Law
March 17, 2023, 9:36 PM

Bed Bath to Hold Special Holder Meeting to Approve Reverse Split

Hari Govind
Hari Govind
Bloomberg News

Bed Bath & Beyond said it plans to hold a special meeting of holders to seek approval for a reverse stock split.

  • The company plans to amend Certificate of Incorporation to effect reverse stock split at a ratio in the range of 1-for-5 to 1-for-10, with such ratio to be determined at the discretion of the board
  • Holders of record as of the close of business on March 27 will be entitled to notice of and to vote at the special meeting
  • The time, location, and other details regarding the special meeting, will be communicated to holders at a later ...