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Icon Energy to effect 1-for-40 reverse stock split

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Summary
Nutrition label

86% Informative

Icon Energy (ICON) announced an update on certain corporate matters and that its board of directors has determined to effect a 1 -for-40 reverse stock split of the Company’s issued common shares par value $ 0.001 effective at the opening of trading on April 1, 2025 .

The new CUSIP number for the Common Shares following the Reverse Stock Split will be Y4001C 206 .

As of March 27, 2025 , 99.99% of the Warrants have been exercised.

VR Score

86

Informative language

84

Neutral language

63

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

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