Movano Health Continues To Work With Securities Regulators, Legal Advisors And Other Partners To Protect Interests Of Shareholders
Movano Health Continues To Work With Securities Regulators, Legal Advisors And Other Partners To Protect Interests Of Shareholders
Company Continues to Work with Securities Regulators, Legal Advisors and Other Partners to Protect Interests of Shareholders
公司继续与证券监管机构、法律顾问和其他合作伙伴合作，以保护股东的利益
PLEASANTON, Calif., Nov. 4, 2024 /PRNewswire/ -- Movano Health (Nasdaq: MOVE) (the "Company") provided an update on an investigation to expose apparent manipulation in trading of the Company's common shares, following the recent announcement of a shareholder approved reverse stock split.
美国加利福尼亚州普莱森顿，2024年11月4日/美通社/ - Movano Health（纳斯达克代码: MOVE）（"公司"）就最近公布股东批准的逆向拆股的交易中出现的操纵行为提供了最新消息。
Based on its preliminary investigation, the Company believes that between the announcement of the reverse split on October 25, 2024, and its effective date on October 29, 2024, a large number of single share transactions were executed in an apparent attempt to take advantage of the convention of rounding up reverse split fractional shares at the beneficial owner level. The Company was able to uncover this activity before any round up shares were issued and continues to expect the number of common shares outstanding to be approximately 6.6 million following the reverse split.
根据初步调查，公司认为在2024年10月25日逆向拆股公告和2024年10月29日生效日期之间，大量单股交易被执行，显然是为了利用在受益所有者级别四舍五入逆向拆股碎股的惯例。公司在发放任何四舍五入股份前发现了这种活动，并继续预计继续拆股后，流通普通股的数量约为660万股。
