Bikers Dream Announces Reverse Stock Split

Bikers Dream Inc. declared a 1-for-5 reverse stock split effective Thursday.

The company said it has about 3.85 million shares outstanding after the reverse split.

The company said it filed to be listed on the Nasdaq Small Cap market, and it declared the reverse split to meet Nasdaq’s initial standards.

Bikers Dream, which is traded over-the-counter, makes heavyweight cruiser motorcycles.