Hippo plans reverse stock split to comply with NYSE rules after 90%+ decline
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Hippo plans reverse stock split to comply with NYSE rules after 90%+ decline

Kyoung-son Song
July 19, 2022
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Hippo will pursue a reverse stock split at a ratio in the range of one-for-20 to one-for-30 in a stark illustration of the trading challenges of the public InsurTechs.

The company announced plans to file a proxy statement with the Securities and Exchange Commission to hold a special shareholders’ meeting on August 31.

The

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Kyoung-son Song
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