Tuesday, April 07, 2020

Equity Corporate Actions Alert #2020 - 59
(UPDATED) Distribution Information for Overstock.com, Inc. (OSTK)

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources:

On July 30, 2019, Overstock.com, Inc. (OSTK) announced a distribution of the company's Digital Voting Series A-1 Preferred Stock (OSTKO) to its shareholders of Common Stock. The preferred stock will NOT list on Nasdaq. See the company's press release dated April 7, 2020 for further details. The details for this distribution are as follows:

Company Name/Issue: Overstock.com, Inc. Common Stock
CUSIP: 690370101
Symbol: OSTK
EX Date: April 24, 2020; Nasdaq will NOT be making an adjustment on the Ex-date for this distribution. DTCC Eligibility has been confirmed for Digital Voting Series A-1 Preferred Stock.
Record Date: April 27, 2020
Payment Date: May 19, 2020
Ratio of Distribution:
One (1) share of Overstock.com, Inc. Digital Voting Series A-1 Preferred Stock (OSTKO) for every ten (10) shares held.


Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives.

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.