Aureal Drops the Semiconductor, Sets Reverse Split for June 10

Originally published at: Aureal Renames Itself, Sets Reverse Stock Split | POCG

Aureal is trimming down. The company formerly known as Aureal Semiconductor announced today that it will become Aureal, Inc., a change meant to reflect its wider focus on digital audio imaging hardware and software rather than chips alone. The bigger news for anyone holding shares: the 1-for-15 reverse stock split approved at the May 19…