Hippo proposes reverse stock split after receiving NYSE non-compliance notice

Hippo has proposed undertaking a reverse stock split as the homeowners insurtech seeks to resolve a non-compliance notice from the New York Stock Exchange after its share price traded below $1 over a consecutive 30-day period.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com