SplitJun 18, 2026, 08:12 AM
Alight Announces 1-for-20 Reverse Stock Split Effective June 30, 2026
AI Summary
Alight, Inc. announced a 1-for-20 reverse stock split for its outstanding shares of Class A, B-1, B-2, and V Common Stock, effective June 30, 2026, at 5:00 p.m. ET. Split-adjusted trading on the NYSE under the existing symbol ALIT will commence on July 1, 2026. This structural action is intended to help the company meet NYSE's price criteria for continued listing and position it for inclusion in additional indexes.
Key Highlights
- Alight announced a 1-for-20 reverse stock split for its outstanding common stock.
- The reverse stock split is expected to be effective on June 30, 2026, at 5:00 p.m. ET.
- Split-adjusted trading on the NYSE under the existing symbol ALIT will begin on July 1, 2026.
- The new CUSIP number for Alight's Class A common stock will be 01626W 200.
- No fractional shares will be issued; stockholders will receive cash in lieu.
- The action aims to meet NYSE's price criteria for continued listing and inclusion in indexes.
- Proportionate adjustments will be made to outstanding equity-based awards and plans.
- The total number of authorized shares for each class will be correspondingly decreased.
Price Impact
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