Dannywl
commented on
$ARCA biopharma (ABIO.US)$
ARCA biopharma (NASDAQ: ABIO) has announced a 1-for-12 reverse stock split in preparation for its merger with Oruka Therapeutics. The split, approved by stockholders, will take effect on September 3, 2024. Post-merger, the company will trade as Oruka Therapeutics, Inc. (NASDAQ: ORKA). The reverse split will reduce ARCA's outstanding shares from approximately 14.5 million to 1.2 million. Stockholders approved increasing authorized shares from 100 million to 545 million. ...
ARCA biopharma (NASDAQ: ABIO) has announced a 1-for-12 reverse stock split in preparation for its merger with Oruka Therapeutics. The split, approved by stockholders, will take effect on September 3, 2024. Post-merger, the company will trade as Oruka Therapeutics, Inc. (NASDAQ: ORKA). The reverse split will reduce ARCA's outstanding shares from approximately 14.5 million to 1.2 million. Stockholders approved increasing authorized shares from 100 million to 545 million. ...
1
3
3
Dannywl
reacted to
$Faraday Future Intelligent Electric Inc. (FFIE.US)$ Titanic and this is a one-way trip. 🎫 Tickets are on sale now. The threshold for buying tickets requires new travelers to be expensive, and it's OK if many people are stupid.
Translated
5
3
1
1
3
Dannywl
commented on
1
6
Dannywl
commented on
$Tonix Pharmaceuticals (TNXP.US)$ gone case again
1
Dannywl
reacted to
$Jet.AI (JTAI.US)$ Jet.AI Announces Entry Into Warrant Amendments After Successful Warrant Exchange Offer and Consent Solicitation
3 MINUTES AGO, 8:05 AM EDT
VIA GLOBENEWSWIRE
3 MINUTES AGO, 8:05 AM EDT
VIA GLOBENEWSWIRE
3
2
Dannywl
commented on
1
Dannywl : Actually for this case is it good or bad? Normally rs for those stock that can't reach 1 usd and wish to extend their time to avoid get delisted, but this stock still in earning (and It also quite stable as now around 4 usd), why they plan make their stock price higher by using RS?![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Btw is it normal stock split 1 - 12, or reversed split 12 - 1? Lol