Steel Partners Holdings Plans To Effect Reverse/Forward Unit Split
The company will effect a 1-for-12,500 reverse unit split (Reverse Unit Split) of its common units, followed immediately by a 12,500-for-1 forward unit split of the Company Common Units (the Forward Unit Split).. The Reverse Unit Split is expected to become effective as of 5:00 p.m. Eastern Time on January 8, 2024, and immediately thereafter, the Forward Unit Split is expected to become effective as of 5:01 p.m. Eastern Time on January 8, 2024.