{"id":817102,"date":"2022-09-01T07:50:16","date_gmt":"2022-09-01T05:50:16","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/orchid-island-capital-completes-one-for-five-reverse-stock-split\/"},"modified":"2022-09-01T07:50:16","modified_gmt":"2022-09-01T05:50:16","slug":"orchid-island-capital-completes-one-for-five-reverse-stock-split","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/orchid-island-capital-completes-one-for-five-reverse-stock-split\/","title":{"rendered":"Orchid Island Capital Completes One-for-five Reverse Stock Split"},"content":{"rendered":"VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) (\"Orchid\u201d or the \"Company\"), a real estate investment trust (\"REIT\"), today announced that it has completed the previously announced reverse stock split of the outstanding shares of the Company\u2019s common stock, par value $0.01 per share (the \u201cCommon Stock\u201d), at a ratio of one-for-five (the \u201cReverse Stock Split\u201d), effective at 5:00 p.m. Eastern Time today (the \u201cEffective Time\u201d). The Common Stock will begin trading on a reverse split-adjusted basis on the NYSE at the opening of trading on August 31, 2022. The Common Stock will continue trading on the NYSE under the symbol \u201cORC\u201d with a new CUSIP number (68571X301).\n\n\n\nThe Reverse Stock Split also effec<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>VERO BEACH, Fla.&#8211;(BUSINESS WIRE)&#8211;Orchid Island Capital, Inc. (NYSE:ORC) (&#8220;Orchid\u201d or the &#8220;Company&#8221;), a real estate investment trust (&#8220;REIT&#8221;), today announced that it has completed the previously announced reverse stock split of the outstanding shares of the Company\u2019s common stock, par value $0.01 per share (the \u201cCommon Stock\u201d), at a ratio of one-for-five (the \u201cReverse Stock [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-817102","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Orchid Island Capital Completes One-for-five Reverse Stock Split - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/orchid-island-capital-completes-one-for-five-reverse-stock-split\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orchid Island Capital Completes One-for-five Reverse Stock Split - BeBeez\" \/>\n<meta property=\"og:description\" content=\"VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Island Capital, Inc. (NYSE:ORC) (&quot;Orchid\u201d or the &quot;Company&quot;), a real estate investment trust (&quot;REIT&quot;), today announced that it has completed the previously announced reverse stock split of the outstanding shares of the Company\u2019s common stock, par value $0.01 per share (the \u201cCommon Stock\u201d), at a ratio of one-for-five (the \u201cReverse Stock [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/orchid-island-capital-completes-one-for-five-reverse-stock-split\/\" \/>\n<meta property=\"og:site_name\" content=\"BeBeez\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-01T05:50:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"683\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/orchid-island-capital-completes-one-for-five-reverse-stock-split\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/orchid-island-capital-completes-one-for-five-reverse-stock-split\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Orchid Island Capital Completes One-for-five Reverse Stock Split\",\"datePublished\":\"2022-09-01T05:50:16+00:00\",\"dateModified\":\"2022-09-01T05:50:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/orchid-island-capital-completes-one-for-five-reverse-stock-split\/\"},\"wordCount\":669,\"publisher\":{\"@id\":\"https:\/\/15.161.165.86\/#organization\"},\"articleSection\":[\"Real Estate in Asia Pacific\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/orchid-island-capital-completes-one-for-five-reverse-stock-split\/\",\"url\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/orchid-island-capital-completes-one-for-five-reverse-stock-split\/\",\"name\":\"Orchid Island Capital Completes One-for-five Reverse Stock Split - 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