TULSA, Okla., April 15, 2013 (GLOBE NEWSWIRE) -- Syntroleum Corporation ("Syntroleum" or the "Company") (Nasdaq:SYNM) announced today that it effected a 1-for-10 reverse split of its common stock on April 11, 2013. As previously disclosed in the Form 8-K filed March 25, 2013, the Company's Board of Directors elected to effect a reverse stock split of the Company's common stock at a ratio of 1-for-10. The Company's stockholders had voted on June 28, 2012 to grant discretion to the Board of Directors to effect a reverse stock split of the Company's common stock at any ratio between 1-for-2 and 1-for-10, with the final decision to be determined by the Company's Board of Directors in its discretion.
Syntroleum Effects 1-For-10 Reverse Stock Split
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