$Faraday Future Intelligent Electric Inc. (FFIE.US)$ what me...
$Faraday Future Intelligent Electric Inc. (FFIE.US)$ what mean split 1 to 40 & 1 to 2
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ChasingPaper : For every 40 shares that you have it gets converted to one. For example, if you have 400 shares after the reverse split you end up with 10 but it’s worth the same amount of money.
ChasingPaper : 1 for 2 is the same math. You get one for every 2 that you have. Basically divide whatever amount you have by 2 or 40.
Piggy Bank Trader : It’s saying the reverse split can be done at the companies discretion of 2:1 up to 40:1 or anywhere in between. So count on it being at least 25:1 or higher