HLBZ was für ein Zock
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Eröffnet am: | 20.01.23 16:58 | von: axolot | Anzahl Beiträge: | 230 |
Neuester Beitrag: | 21.12.23 15:39 | von: Terminator9 | Leser gesamt: | 35.386 |
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The reverse stock split is intended to bring the Company into compliance with the minimum $1 bid price requirement for maintaining its continued listing on Nasdaq.
The reverse stock split is being considered by the Company if its stock price does not appreciate beyond $1.00 by the necessary time to do so. However, the Board of Directors reserves the right to delay or abandon the reverse stock split if it determines that it is no longer necessary to regain compliance for Nasdaq’s minimum bid price.
Salvatore Palella, CEO of Helbiz, said: "I have always stated that the reverse split would be our last option of choice. We remain confident that we will be able to bring additional value to the Company and fulfill Nasdaq requirements through our strategic growth plan."