Hippo board approves one-for-25 reverse stock split
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Hippo board approves one-for-25 reverse stock split

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Hippo’s board of directors unanimously approved a one-for-25 reverse stock split for its common stock, effective September 30, to maintain compliance with New York Stock Exchange (NYSE) rules.

As a result of the reverse stock split, every 25 shares of Hippo’s common stock will be converted into one share of issued and outstanding common stock.

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