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UpHealth announces 10:1 reverse stock split

UpHealth announced that the Company’s Board of Directors has approved a 10:1 reverse stock split of the Company’s issued and outstanding common stock. The reverse stock split will become effective at 4:01 p.m., Eastern Time, on December 8 after close of trading on the New York Stock Exchange. As of that time, each 10 shares of issued and outstanding common stock will be converted into one share of common stock. The Company’s common stock is expected to commence trading on a split-adjusted basis when the markets open on December 9 , under the existing trading symbol "UPH." The new CUSIP number for the Company’s common stock following the reverse stock split will be 91532B200.

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Published first on TheFly

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