At the Extra General Meeting of Fingerprint Cards AB (publ) (“FPC” or the “Company”) held on August 18, 2025, a resolution was passed to carry out a reverse share split, whereby two thousand (2,000) existing shares will be consolidated into one (1) new share (reverse split 1:2,000). The EGM also resolved to authorize the Board of Directors to determine the record date for the reverse split.
Related Questions
What is the expected impact of the 1:2,000 reverse split on FPC's share liquidity and trading volume?
When will the record date be set and how will it affect shareholders' eligibility for the new consolidated shares?
What is the strategic rationale behind the reverse split and how might it influence investor perception and the company's valuation?