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Actionable news in SD: SANDRIDGE ENERGY Inc,

Sandridge Energy: Other Events

The following excerpt is from the company's SEC filing.

SandRidge Energy, Inc. (the Company) has determined to cancel the Special Meeting of Stockholders previously scheduled on November 6, 2015 (the Special Meeting) and to delay the consideration of the matters proposed until the Companys 2016 Annual Meeting of Stockholders. The Company scheduled the Special Meeting to consider a proposal to amend the Companys Certificate of Incorporation to effect a reverse stock split for the purpose of increasing the price of the Companys common stock in order to regain compliance with the New York Stock Exchange (the NYSE) continued listing requirements. To regain complia nce with the listing requirement, the Companys common stock must have a closing price of at least $1.00 and an average closing price of at least $1.00 over the 30 trading-day period ending on...


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