Oblong announces 1-for-15 reverse stock split

Oblong announced that it has filed an amendment to its certificate of incorporation that will effect a reverse stock split of the company’s issued and outstanding shares of common stock by a ratio of 1-for-15, as approved by the company’s stockholders at its annual meeting and the company’s board of directors. The reverse stock split will become effective at 5:00 PM Eastern Time on January 3, 2023, and the company’s shares of common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market at the commencement of trading on January 4, 2023 under the company’s existing trading symbol "OBLG."