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Power REIT to implement one-for-ten reverse stock split, new CUSIP 73933H309
Power REIT to implement one-for-ten reverse stock split, new CUSIP 73933H309
About this update from Power Reit (md)
Power REIT announced a one-for-ten reverse stock split effective June 2, 2026, with trading on a split-adjusted basis expected June 3. Key Highlights: Board approved a one-for-ten reverse stock split converting every ten shares into one share. Reverse split effective 5:00 p.m. ET on June 2, 2026; trading expected split-adjusted on NYSE American June 3. New CUSIP assigned: 73933H309; ticker remains PW on NYSE American. No fractional shares issued—holders entitled to cash in lieu based on June 2 closing price, no interest. Reverse split does not change relative ownership or voting rights except for de minimis cash-in-lieu effects. Original SEC Filing: This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.