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03 June 2020

After Lawsuits and Delays, Overstock Hands Shareholders Digital Dividend - CoinDesk

After Lawsuits and Delays, Overstock Hands Shareholders Digital Dividend - CoinDesk


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After Lawsuits and Delays, Overstock Hands Shareholders Digital Dividend.

The digital security was issued as Series A-1 shares on a 1:10 basis to all Overstock shareholders with a record date of April 27, 2020, according to a press release Tuesday.

After the departure of Byrne, though, Overstock put the effort on hold as it sought to restructure the dividend, making the stock freely tradeable and doing away with a six-month lockup that had previously been planned.

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