WMIH: WMIH Corp. (WMIH) Approves 1-for-12 Reverse Stock Split

WMIH Corp. (NASDAQ: WMIH) (“WMIH”), a leading mortgage loan originator and servicer, today announced that its Board of Directors (the “Board”) has approved a proposal to effect a reverse stock split of its common stock on a 1-for-12 basis. The proposal is subject to stockholder approval to adopt an amendment to WMIH’s Amended and Restated Certificate of Incorporation (the “Proposed Amendment”).