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What happens in a reverse stock split if you don't have enough shares?
$Mullen Automotive (MULN.US)$ Why does my MULN stock holding become zero after the RS? My P/L has added 4k over back to my account? Does it means after RS, if my amount of shares is not enough and we get paid back what we put in?
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Moomoo Lily : Hi, @Moomoo Buddy Please assist. Thanks!
Scorched earf :
Moomoo Buddy : Dear client, usually for the reverse split corporate actions, if you don't hold enough shares, then your shares will become cash and will be credited to your account within 3 trading days. You can go to 'Accounts-more-funds details' to check. Thank you for your support and have a nice day ahead!
TeemoTrader OP Moomoo Buddy : Hi i cannot find any details on it in the mentioned. Also at what value do i get back? is it the full value that I had invested or at it current value is which like crap...i lost almost everything after all the RS!
Moomoo Buddy : Dear customer, it will be highly appreciated if you can please kindly contact us through Me-Customer Service-Online Inquiry or drop us a call at +65-63218888 so that we can acquire more information to further assist you. Thanks for your support and have a nice day ahead