Flexible Electronics News

Identiv Announces Reverse Split of Common Stock, Name Change

Announces 1-for-10 reverse split

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Identiv announced that a 1-for-10 reverse split of its common stock will be effective at the open of business on Tuesday, May 27, 2014. The company’s board of directors approved the implementation of a reverse stock split and determined the appropriate reverse stock split ratio to be 1-for-10. Also approved by the company’s shareholders was the legal name change of the company from “Identive Group, Inc.” to “Identiv, Inc.” “The reverse split establishes a path to maintain our NASDAQ listing,”...

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