20240123 INSG (Inseego Corp) Reverse Stock Split
Please be informed that Inseego Corp (INSG) 1-for-10 reverse stock split is set to take effect on 23 January 2024 market close.
Following the announcement of the exercise, all positions of INSG will be set to ‘Close Only’ on 23 January.
Common shares of INSG will trade at the new reverse split-adjusted price from 24 January 2024.
How will this reverse split affect you?
|10x Original Price
|1/10x Original Volume
|Stop loss/ take profit settings
*If your position is less than 1 lot or with fractional excess, please adjust your positions accordingly before market closes on 23 January 2024. Otherwise, your position will be closed or rounded down to the nearest whole number based on the closing price on 23 January 2024. For open positions with more than 1 lot, the price and volume of the shares held will be adjusted to reflect the exercise.
**All pending orders including buy limit, sell limit, buy stop, sell stop, buy stop limit, and sell stop limit will be removed.
For more information, please refer here.
If you have any questions about these changes, or require assistance, please do not hesitate to contact [email protected].