Corporate Actions Tracker

Hi! Here's a list of relevant corporate actions curated daily by our in-house brokers. Please visit the corporation's Investor Relations page for more information. 

 

February 16, 2017

Please be advised: MoSys Inc. (MOSY) executed a 1 for 10 reverse stock split. It is now tradeable.

 

February 14, 2017

Please be advised: Signal Genetics Inc (SGNL) has executed a ticker change to MGEN. This security will be marked untradeable and temporarily removed from your portfolio while our team processes this corporate action.

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Please be advised: British American Tobacco PLC (BTI) has executed a 2 for 1 forward stock split. Our Corporate Actions Team has processed this split, and eligible shareholders should see their accounts updated accordingly.

 

February 13, 2017

Please be advised: Vanguard National Resources, LLC (VNR) has changed its ticker to VNRSQ and delisted to the OTC market. This security will remain untradeable while we work to process this corporate action. 

 

February 10, 2017

Please be advised: ReneSola Ltd. (SOL) has declared a 1 for 5 reverse split. This security is now tradeable. 

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Magellan Petroleum Corporation (MPET) changed its ticker to TELL. This security will remain untradeable while we work to process this corporate action. 

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Please be advised: Catalyst Biosciences Inc (CBIO) has executed a 1:15 reverse split. Fractional shares will be paid cash-in-lieu. Our Corporate Actions Team is currently working on making it tradeable as soon as possible. 

 

February 7, 2017

Please be advised: FreeSeas, Inc. (FREEF) has declared a 0.0002 for 1 reverse split as well as a ticker change to FREED. This security will be marked untradeable while our team processes these corporate actions.

 

February 6, 2017

Please be advised: WisdomTree SmallCap Earnings Fund ETF (EES) performed a 3 for 1 forward split. It is now tradeable.

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WisdomTree MidCap Earnings Fund ETF (EZM) performed a 3 for 1 forward split. It is now tradeable.

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Renren Inc (RENN) executed a 1 for 5 reverse split. Our team is currently working on make it tradeable.

Your positions will be adjusted once it's processed.

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Team Health Holdings (TMH) was acquired by Blackstone Group, Inc. (BX). Shareholders will receive $43.5 per share. Our team is currently handling the payout.

 

February 3, 2017

Please be advised that Farmland Partners, Inc. (FPI) acquired American Farmland Company (AFCO). Shareholders will receive 0.7417 share of FPI per every AFCO share they previously held. FPI is now tradeable.

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Please be advised that Bioverativ initiated a ticker change from BIVVV to BIVV. Biogen (BIIB) executed a spinoff of Bioverativ (BIVV). Shareholders of BIIB will receive one share of BIVV for every two shares they own.

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Please be advised that Emergent Capital, Inc. (EMG) has been delisted and will now trade as (EMGC) in the OTC markets.

 

February 2, 2017 

Please be advised that LogMeIn, Inc (LOGM) acquired GetGo, Inc, a wholly-owned subsidiary company of Citrix Systems, Inc (CTXS). Shareholders of CTXS will receive 0.1718 share of LOGM per every CTXS share they previously held.

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Please be advised Apollo Education Group Inc (APOL) has been acquired. Shareholders will receive a $10 per share payout. APOL will no longer trade.

 

February 1, 2017 

Please be advised that Box Ships, Inc. (TEUFF) changed its ticker to TEUFD and initiated a 1:50 reverse split. Fractional shares will be rounded up.

 

January 31, 2017

Minco Gold Corporation has undergone another ticker change, from MGHC to MGHCF

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Varian Medical Systems (VAR) has spun off Varex Imaging Corporation (VREX). Owners of VAR on the January 20, 2017 record date received .4 shares of VREX for every 1 VAR share they owned. 

 

January 30, 2017

Please note that Minco Gold Corporation (MGH) has undergone a ticker change to MGHC. It has also been delisted from the NYSE exchange and placed on the OTC market. Please be advised that this symbol will be temporarily untradeable on Robinhood until we process these changes.

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Please note that Applied Micro Circuits Corporation (AMCC) has merged with MACOM Connectivity Solutions, LLC (MTSI). AMCC shareholders will receive $3.25 and .1089 shares of MTSI. Fractional shares will receive cash-in-lieu. Please be advised that AMCC will permanently stop trading.

 

January 23, 2017

DryShips, Inc. (DRYS) performed a 1-for-8 reverse split. This means that customers received 1 share for every 8 shares they previously held. Leftover fractional shares will receive cash-in-lieu payments, which will settle in 3-4 weeks. The stock is now tradeable in your app.

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Intrexon Corporation (XON) performed a 0.014968-for-1 spinoff of AquaBounty Technologies, Inc (AQB) common stock. This means that for every 1 shares of XON you held at the end of business on 1/18/17, you received 0.014968 AQB shares. Thus, you needed to have at least 67 shares of XON to receive 1 whole share of AQB.

Please keep in mind that your XON share amount was not altered in this process. Fractional shares of AQB will be paid cash-in-lieu and will take 3-4 weeks to settle in your account.

 

January 12, 2017

The following reverse splits occurred on January 12:
* FINZ: 1 for 2
* UCO: 1 for 2
* SDOW: 1 for 4
* SQQQ: 1 for 4
* SRTY: 1 for 4
* UVXY: 1 for 5
(For example, if you held 2 shares of FINZ, you would receive 1 share at the adjusted price.)

Fractional shares will be paid out in cash in lieu within 2-4 weeks.

The following forward splits occurred on January 12:
* SCO: 2 for 1
* LTL: 2 for 1
* UCC: 2 for 1
* TQQQ: 2 for 1
* FINU: 2 for 1
* USD: 2 for 1
* KRU: 2 for 1

All of the above ETFs are currently tradeable on Robinhood.

 

January 3, 2017

EnteroMedics (ETRM) went through a 1 for 70 reverse split. This means that customers would receive 1 share for every 70 shares they held in their account on the effective split date (12/28). Fractional shares resulting from the split will be rounded up to 1 whole share within the week following the split date.

ETRM is currently tradeable. 

 

December 29, 2016

Prima BioMed (PBMD) went through a 3 for 10 reverse split. This means that customers would receive 3 shares for every 10 shares they held in their account on the effective split date (12/28). In most cases, fractional shares from reverse splits are paid as cash in lieu within 2-4 weeks.

PBMD is tradeable.

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Interpace Diagnostics Group Inc. (IDXG) went through a 1 for 10 reverse split. This means that customers would receive 1 share for every 10 shares they held in their account on the effective split date (12/29). Fractional shares resulting from the split will be paid as cash in lieu within 2-4 weeks.

IDXG is currently untradeable as we process this split, and we're working to make it tradeable as soon as possible.

 

December 28, 2016

Great Basin Scientific (GBSN) is in the process of undergoing a 1 for 300 reverse split and delisting. This means that customers would receive 1 shares at the adjusted price for every 300 shares they held in their account on the effective split date (12/28). If you receive any fractional shares through this split, they will be rounded up to 1 whole share later this week.

If GBSN changes its ticker symbol as it begins to trade over the counter (OTC), then we'll adjust the ticker symbol accordingly. Once we make it tradeable, you'll be able to sell your GBSN shares on the OTC markets through the app but won't be able to buy more.

 

December 27, 2016

Basic Energy Services, Inc. (BAS) went through a 1 for 570.09348 reverse split. This means that customers would receive 1 share for every 570.09348 shares they held in their account on the effective split date (12/27). Fractional shares resulting from the split will be paid as cash at a later date, typically up to a few weeks after the effective split date.

BAS is currently untradeable as we process this split, and we're working to make it tradeable as soon as possible.

 

December 16, 2016

XGTI and XGTIW each performed a 1-for-10 reverse split on 12/15/16. This means that customers will receive 1 share for every 10 shares they previously held. Per corporate filings, XGTI and XGTIW fractional shares will be rounded up to the nearest whole share.

We're currently working on processing this corporate action. In the meantime, you may see untradeable XGTI and XGTIW shares in your portfolio and your app may not take their value into account when calculating your overall portfolio value. We anticipate that reverse split adjustments will reflect in the app no later than December 21, 2016.

 

November 30, 2016

Credit Suisse has decided to delist DWTI and UWTI as of December 9, 2016.   

This means that on December 9th, 2016, UWTI may still exist in your account, but you will no longer be able to purchase UWTI on Robinhood.

Please be advised that delisting may negatively influence the price of UWTI and that it may be extremely difficult to sell your shares of UWTI starting on December 9th, 2016.

Credit Suisse also has the right to recall UWTI at any time after the delisting.  If this occurs, shareholders may receive cash for their shares and the shares will be removed from their account.

 

November 23, 2016

Tesla has acquired SolarCity in a merger effective 11/22/16. Owners of SCTY shares on record will receive 0.11 TSLA shares for every 1 SCTY share previously held.

Fractional shares resulting from the merger were paid in cash on 12/7/16 directly into Robinhood account cash balances that day. Confirmation of this payment will be found in your December 2016 monthly statement available in early January 2017.

 

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