ShiftPixy, Inc. Announces Reverse Stock Split Effective Date

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Aug 31, 2022

ShiftPixy, Inc. (NASDAQ: PIXY) (“ShiftPixy” or the “Company”), a Florida-based national staffing enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, announced that at the close of business today in Wyoming, pursuant to the vote of its shareholders on July 19, 2022, to effect a one-for-one hundred (1:100) reverse split of the Company’s issued and outstanding shares of Common Stock, as further detailed in the Company’s definitive Schedule 14C Information Statement filed on August 2, 2022, Articles of Amendment of the Company’s Amended and Restated Articles of Incorporation will become effective as filed with the Secretary of State of Wyoming. The new reversed shares will begin trading on Nasdaq on September 1, 2022, the start of the Company’s new fiscal year.