Iconix Brand Group Inc. (ICON)

[thelionwarrior]

"As previously announced, on September 27, 2018, the Company’s shareholders approved an amendment to the Company’s Certificate of Incorporation to authorize the board of directors of the Company (the “Board”) to effect a reverse stock split of the issued shares of the Company’s common stock, at a reverse stock split ratio of not less than 1-for-5 and not more than 1-for-10. On November 30, 2018, the Board approved a reverse stock split ratio of 1-for-10. As previously disclosed in the Company’s proxy statement, dated August 27, 2018, in respect of its solicitation of stockholders regarding such reverse stock split, the Board may authorize the Company to effect the reverse stock split at any time on or prior to September 27, 2019"

https://www.google.com/amp/s/marketexclusive.com/iconix-brand-group-inc-nasdaqicon-files-an-8-k-notice-of-delisting-or-failure-to-satisfy-a-continued-listing-rule-or-standard-transfer-of-listing/2018/12/amp/