U.S. Geothermal Inc. Announces 1-for-6 Share Consolidation (News Release)
U.S. Geothermal Inc. announced today that its Board of Directors has approved a 1-for-6 share consolidation, otherwise referred to as a reverse stock split, of its issued and outstanding shares of common stock.
The 1-for-6 share consolidation will be effective upon the filing and effectiveness of a Certificate of Amendment to the Company’s Certificate of Incorporation after market close on November 9, 2016. Shares of the Company’s common stock will begin trading on a split-adjusted basis when the market opens on November 10, 2016.
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