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Looks like a Reverse split or desiting imminent
You mean because the price is so low, they’ll combine multiple share into one to make the share price look less abominable? What’s desiting? Delisting?
Delisting*. I believe nasdaq listing requirements are share price above $1. If not met for 30 days it gets delisted. However this looks like under $1 for >30 days so who knows. Yea reverse split is basically a reissue of lower total shares for higher share price
Thank you.
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