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XTI Aerospace (XTIA.US): 1-for-250 Reverse Stock Split on Jan 10
XTI Aerospace (XTIA.US) will implement a 1-for-250 reverse stock split effective January 10, 2025. Shares will trade on a split-adjusted basis, theoretically raising the stock price from $0.0414 (Jan 3 close) to $10.35.
With a market cap of $12.18M, this move aims to meet listing requirements and attract institutional investors. Higher volatility is expected post-split, presenting potential opportunities for short-term traders.
XTI Aerospace (XTIA.US) will implement a 1-for-250 reverse stock split effective January 10, 2025. Shares will trade on a split-adjusted basis, theoretically raising the stock price from $0.0414 (Jan 3 close) to $10.35.
With a market cap of $12.18M, this move aims to meet listing requirements and attract institutional investors. Higher volatility is expected post-split, presenting potential opportunities for short-term traders.
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