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HORIZON KINETICS HOLDING - SLGDD STOCK NEWS

Welcome to our dedicated page for HORIZON KINETICS HOLDING news (Ticker: slgdd), a resource for investors and traders seeking the latest updates and insights on HORIZON KINETICS HOLDING stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HORIZON KINETICS HOLDING's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HORIZON KINETICS HOLDING's position in the market.

Rhea-AI Summary

Horizon Kinetics Holding has completed a 1-for-20 reverse stock split of its common stock. The stock is now trading under the temporary ticker symbol SLGDD for about 20 days. Shareholders' street name accounts now reflect a 1/20th reduction in shares, trading under CUSIP 439913104.

As part of a merger, approximately 18 million shares were issued to Horizon Kinetics members on a post-reverse split basis, but these are not currently tradable. Legacy shareholders now own about 3.5% of the combined company post-split. The merger consideration was based on Horizon Kinetics having AUM of $7.9 billion and Net Tangible Assets of $250 million.

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FAQ

What is the current stock price of HORIZON KINETICS HOLDING (slgdd)?

The current stock price of HORIZON KINETICS HOLDING (slgdd) is $25.4 as of September 3, 2024.

What is the market cap of HORIZON KINETICS HOLDING (slgdd)?

The market cap of HORIZON KINETICS HOLDING (slgdd) is approximately 396.5M.

HORIZON KINETICS HOLDING

OTC:SLGDD

SLGDD Rankings

SLGDD Stock Data

396.55M
44.55%
1.55%
Asset Management
Financial Services
Link
United States of America
New York