Axcelis Announces Completion Of Reverse Stock Split
The reverse stock split affects all issued and outstanding shares of the Company's common stock, as well as common stock underlying stock-based compensation immediately prior to the effectiveness of the reverse stock split. As previously disclosed, at effectiveness of the reverse stock split, every four shares of outstanding
No fractional shares were issued in connection with the reverse stock split. Instead,
Stockholders who hold their shares in brokerage accounts or "street name" will not be required to take any action to effect the exchange of their shares.
About
CONTACTS:
Logo - http://photos.prnewswire.com/prnh/20130905/NE75070LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/axcelis-announces-completion-of-reverse-stock-split-300293103.html
SOURCE