RIVERSIDE, R.I., Aug. 9 /PRNewswire-FirstCall/ -- BNS Holding, Inc. (Pink sheets: BNSSA) ("BNS") announced today that at the 2010 Annual Meeting of Shareholders of BNS held on July 30, 2010 (the "Annual Meeting"), the shareholders approved a proposal authorizing the Board of Directors of BNS (the "Board") to effect an up to 1-for-1,000 reverse stock split (the "Reverse Stock Split") of BNS's Class A common stock, $0.01 par value (the "Common Stock"), such that registered shareholders owning fewer than the amount necessary to receive at least one share of post-split Common Stock, based on the ratio chosen by the Board, will have such pre-split shares cancelled and converted into the right to receive cash consideration of $12.25 per pre-split...
NOVT Board and Shareholders Authorize Reverse/Forward Stock Split and Reduction in Authorized Capital Stock to be Effective July 9, 2010
LOS GATOS, Calif., June 22 /PRNewswire-FirstCall/ -- NOVT Corporation (Pink Sheets: NVTP) today announced that at the 2010 Annual Meeting of Shareholders of NOVT held on May 21, 2010 (the "Annual Meeting"), the shareholders approved a proposal authorizing the Board of Directors of NOVT (the "Board") to effect a 1-for-5,000 reverse stock split (the "Reverse Stock Split") of NOVT's common stock, $0.01 par value (the "Common Stock"), such that shareholders owning fewer than 5,000 shares of Common Stock will have such pre-split shares cancelled and converted into the right to receive cash consideration in the amount determined by the Board, immediately followed by a 50-for-1 forward stock split of the Common Stock (the "Forward Stock Split" and...
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