3 ms·
> Either they need to be bought out or they will need to do more layoffs to increase their runway and make sure that they meet the stock price requirement of >$
by TMWNN 3y ago
> Either they need to be bought out or they will need to do more layoffs to increase their runway and make sure that they meet the stock price requirement of >$1.00 to avoid being delisted by May 2024.
I think this was the "near-death experience" I was thinking of regarding Salon. Didn't Salon do a reverse stock split to meet the price requirement? Can Buzzfeed do this too?