CHICAGO–(BUSINESS WIRE)–Groupon, Inc. (NASDAQ: GRPN) (“Groupon” or the “Company”) announced today that the Company’s board of directors has approved a reverse stock split of the Company’s common stock at a ratio of 1-for-20, following approval of the reverse stock split by the Company’s stockholders at the Annual Meeting of Stockholders held on June 9, 2020. The reverse stock split will become effective at 5:00 p.m. Eastern time on June 10, 2020. The goal of the plan was to jump up the share price of the stock, which has been trading dangerously low since mid-February. The current quarter is going to be even worse than the one it just reported. Instead, the Company’s transfer agent will aggregate all fractional shares and sell them as soon as practicable after the effective time of the reverse stock split at the then-prevailing prices on the open market. However, the stock did not seem to respond positively to the news. Nick Halliwell Yes, that's a long time with more than 20,000 bylines over those 24 years. We have based these forward looking statements largely on current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. To learn more about Groupon’s community-building efforts, please visit Groupon (NASDAQ: GRPN) is an experiences marketplace that brings people more ways to get the most out of their city or wherever they may be. The reverse stock split became effective at 5:00 p.m. Eastern time on June 10, 2020. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Nov. 24, 2020, XRP Price Predictions: How Experts See Ripple Moving From New Highs Through 2025, Nio Stock Is Starting To Lose Power After An Electrified Rally, CIIC Stock: Why Shares Are Surging Ahead of the Arrival SPAC Merger, 7 Growth Stocks to Buy as We Head Into 2021. Groupon undertakes no obligation to update publicly any forward-looking statements for any reason after the date of this presentation to conform these statements to actual results or to changes in its expectations.Additional information relating to certain of our financial measures contained herein, including non-GAAP financial measures, is available in our most recent earnings release and at our website at Groupon\'s actual results could differ materially from those predicted or implied and reported results should not be considered an indication of future performance.You should not rely upon forward-looking statements as predictions of future events. The Groupon news release notes that the reverse stock split affects all shareholders equally., Investor Relations Contact: Your email address will not be published. By enabling real-time mobile commerce across local businesses, live events and travel destinations, Groupon helps people find and discover experiences––big and small, new and familiar––that make for a full, fun and rewarding life. Your email address will not be published. After submitting your request, you will receive an activation email to the requested email address. Nick Halliwell It points out that in North America, its beauty and wellness category saw a 40% increase in the second half of May relative to the depressed level it was at through the first half of the month. Disclaimer | Groupon helps local businesses grow and strengthen customer relationships––resulting in strong, vibrant communities. This was a 1 for 20 reverse split, meaning for each 20 shares of GRPN owned pre-split, the shareholder now owned 1 share. Such risks and uncertainties include, but are not limited to, our ability to execute, and achieve the expected benefits of our go-forward strategy, execution of the phase down of the Goods category and transition to a third-party marketplace model; volatility in our operating results; effects of pandemics or disease outbreaks, including COVID-19, on our business; execution of our business and marketing strategies; retaining existing customers and adding new customers; challenges arising from our international operations, including fluctuations in currency exchange rates, legal and regulatory developments and any potential adverse impact from the United Kingdom's exit from the European Union; retaining and adding high quality merchants; our reliance on email, internet search engines and mobile application marketplaces to drive traffic to our marketplace; cybersecurity breaches; reliance on cloud-based computing platforms; competing successfully in our industry; providing a strong mobile experience for our customers; maintaining and improving our information technology infrastructure; our voucherless offerings; claims related to product and service offerings; managing inventory and order fulfillment risks; litigation; managing refund risks; retaining and attracting members of our executive team and other qualified personnel; completing and realizing the anticipated benefits from acquisitions, dispositions, joint ventures and strategic investments; lack of control over minority investments; compliance with domestic and foreign laws and regulations, including the CARD Act, GDPR and regulation of the Internet and e-commerce; classification of our independent contractors or employees; tax liabilities; tax legislation; protecting our intellectual property; maintaining a strong brand; customer and merchant fraud; payment-related risks; our ability to raise capital if necessary and our outstanding indebtedness; global economic uncertainty; our common stock, including volatility in our stock price; our convertible senior notes; our ability to realize the anticipated benefits from the hedge and warrant transactions; and those risks and other factors discussed in Part I, Item 1A, Risk Factors of our Annual Report on Form 10-K for the year ended December 31, 2019, Part II, Item 1A.

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