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.