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CFDs and Spread Bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.5% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider. You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money. Please seek independent advice if necessary.
20240123-INSG (Inseego Corp) Reverse Stock Split
January 23, 2024
Please be informed that Inseego Corp (INSG) 1-for-10 reverse stock split is set to take effect on 23 January 2024 market close.
Following the announcement of the exercise, all positions of INSG will be set to ‘Close Only’ on 23 January.
Common shares of INSG will trade at the new reverse split-adjusted price from 24 January 2024.
How will this reverse split affect you?
| Account Type | Order Type | New Price | New Volume |
| Live | Open positions* | 10x Original Price | 1/10x Original Volume |
| Stop loss/ take profit settings | |||
| Pending orders** | Removed | Removed | |
| Demo | Open positions | Removed | Removed |
| Pending orders** |
*If your position is less than 1 lot or with fractional excess, please adjust your positions accordingly before market closes on 23 January 2024. Otherwise, your position will be closed or rounded down to the nearest whole number based on the closing price on 23 January 2024. For open positions with more than 1 lot, the price and volume of the shares held will be adjusted to reflect the exercise.
**All pending orders including buy limit, sell limit, buy stop, sell stop, buy stop limit, and sell stop limit will be removed.
For more information, please refer here.
If you have any questions about these changes, or require assistance, please do not hesitate to contact [email protected].
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