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Leafly Holdings Approves Reverse Stock Split at Meeting

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Leafly Holdings Approves Reverse Stock Split at Meeting

Elevate Your Investing Strategy:

Leafly Holdings ( (LFLY) ) has shared an announcement.

Leafly Holdings, a company involved in the management of equity incentive plans, recently held its 2025 Annual Meeting of Stockholders on June 11, 2025. During the meeting, several key decisions were made, including the approval of a reverse stock split at a ratio of 1 for 500, which will significantly reduce the number of outstanding shares and allow the company to deregister and suspend certain reporting obligations. Additionally, the company decided to delay a proposed name change to Leafly.com Holdings, Inc., and accelerated the vesting of unvested stock units and options to reduce administrative costs.

The most recent analyst rating on (LFLY) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Leafly Holdings stock, see the LFLY Stock Forecast page.

Spark’s Take on LFLY Stock

According to Spark, TipRanks’ AI Analyst, LFLY is a Underperform.

Leafly Holdings, Inc. has a low stock score of 39 due to severe financial difficulties including negative equity and declining revenues. Additionally, technical indicators show bearish trends, and valuation metrics are poor with a negative P/E ratio. The lack of dividends and unfavorable market momentum contribute to the low score.

To see Spark’s full report on LFLY stock, click here.

More about Leafly Holdings

Average Trading Volume: 14,164

Technical Sentiment Signal: Strong Sell

Current Market Cap: $511.4K

Learn more about LFLY stock on TipRanks’ Stock Analysis page.

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