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Straight Path Communications Inc Announces Completion Of Spin-Off From IDT


Thursday, 1 Aug 2013 08:44am EDT 

Straight Path Communications Inc announced that its spin-off from IDT Corporation has been successfully completed following the distribution of SPCI common stock to IDT stockholders. SPCI Class B Common Stock will begin trading regular way on the NYSE MKT with the ticker symbol 'STRP'. Holders of IDT Class A and Class B common stock as of the record date, July 25, 2013, were issued one share of SPCI Class A and Class B common stock, respectively, for every two shares of IDT stock. 787,163 shares of SPCI Class A and 10,693,210 shares of Class B common stock were distributed. 

Company Quote

0.445
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27 Aug 2014