By Sabela Ojea

 

VirnetX declared a 1-for-20 reverse stock split, according to a Securities and Exchange Commission filing.

The internet security software and technology company on Wednesday said the reverse stock split is already in place after being approved by shareholders during Tuesday's special meeting of stockholders.

VirnetX's common stock is expected to trade on a reverse-split-adjusted basis on the New York Stock Exchange beginning on Thursday.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

October 25, 2023 18:52 ET (22:52 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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