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Office Hours

Coldwater Creek sets election for reverse split, plus details the range of split

Coldwater Creek, looking to keep its stock listed on the Nasdaq, is preparing a special election for stockholders to approve a reverse stock split.

The election is now set for Friday,  Sept 21 at 9:30 a.m. at the women's fashion retailer's Sandpoint office. 

Our earlier story last week didn't have the date. It also then didn't have the reverse split.

The proposal is a reverse split no less than 1-for-3 and not more than 1-for-6. The vote gives the company board the option to choose the level of split.

If you're a stockholder and want to get a ballot, this link gets you what you need.

To read the full proxy proposal, it's linked just below this text box.


Documents:


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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.

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