Article: ACA Capital Holdings Announces 1-for-100,000 Reverse Stock Split of the Company's Common Stock.

ACA Capital Holdings, Inc. (OTC: ACAH.PK) announced that the Company has amended the Company's Certificate of Incorporation (the "Certificate of Incorporation") to (1) effect a one for 100,000 reverse stock split of the Company's common stock ("Common Stock") and (2) thereafter restrict the ownership of Common Stock (and any securities of the Company) to "qualified purchasers," as such term is defined in Section 2(a)(51)(A) of the Investment Company Act of 1940 (the "Investment Company Act"), as amended ("Qualified Purchasers"), and restrict transfers of Common Stock solely to Qualified Purchasers. The reverse stock split is necessary for implementing the stock ownership ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!