Icon Energy (ICON) announced that its board of directors has determined to effect a 1-for-5 reverse stock split of the Company’s issued common shares par value $0.001, effective at the opening of trading on January 8, 2026. The Reverse Stock Split will be effective, and the Common Shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market, at the opening of trading on January 8, 2026, under the existing trading symbol “ICON.” The new CUSIP number for the Common Shares following the Reverse Stock Split will be Y4001C 305.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ICON:
- Icon Energy Extends Key Charter and Launches $1 Million Share Buyback as Earnings Surge
- Icon Energy board authorizes $1M share repurchase program
- Icon Energy provides commercial update
- Icon Energy Corp. Receives Buy Rating Amid Strong Q3 Performance and Growth Prospects
- Icon Energy files $250M mixed securities shelf
