Newegg: Newegg's reverse stock split to take effect from April 7

Newegg Commerce ( NASDAQ: NEGG ) on Thursday said that its twenty-to-one share combination of its common shares will become effective on April 7, 2025. This will result in a proportionate increase to the par value of the company's common shares from $0.021848 per share to $0.43696 per share. The share combination is intended to enable the company to continue to meet minimum Nasdaq listing price per share requirements and will affect all shareholders proportionately. NEGG -1.33% premarket to $0.266. Source: Press Release