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Article: Adams Golf Announces Shareholder Approval of Reverse Stock Split Proposal.
- Article from:
- Business Wire
- Article date:
- February 11, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PLANO, Texas -- Adams Golf, Inc. (OTCBB:ADGO) today announced that, at a special meeting of its stockholders February 4, 2008, its stockholders approved an amendment to the Company's certificate of incorporation to effect a one-for-four reverse stock split of the outstanding shares of the Company's common stock. The Company expects the reverse stock split to be effective on or about February 15, 2008, after the Company files the amendment to its certificate of incorporation. Subject to processing by the over-the-counter bulletin board, the Company's common stock should begin trading on a split-adjusted basis on the over-the-counter bulletin board on or about February 19, ...
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