FTC Solar Announces 1-For10 Reverse Stock Split, Will Begin Trading On A Split-Adjusted Basis At The Commencement Of Trading On December 2, 2024
FTC Solar Announces 1-For10 Reverse Stock Split, Will Begin Trading On A Split-Adjusted Basis At The Commencement Of Trading On December 2, 2024
FTC Solar, Inc. (NASDAQ:FTCI) ("FTC Solar"), a leading provider of solar tracker systems, today announced that it will implement a reverse stock split of its issued and outstanding Common Stock at a ratio of 1-for-10, effective at 5:00 PM Eastern Time on November 29, 2024, to satisfy the Nasdaq Capital Market's minimum $1.00 bid price per share requirement. The reverse stock split will be effected simultaneously for all outstanding shares of the Company's Common Stock and will affect all of the Company's stockholders uniformly.
领先的太阳能跟踪系统提供商联邦贸易委员会太阳能公司（纳斯达克股票代码：FTCI）（“FTC Solar”）今天宣布，它将以1比10的比率对其已发行和流通普通股实施反向分割，自美国东部时间2024年11月29日下午5点起生效，以满足纳斯达克资本市场对每股1.00美元的最低出价要求。反向股票拆分将同时对公司普通股的所有已发行股票生效，并将统一影响公司的所有股东。
FTC Solar's Common Stock will continue to trade on the Nasdaq Capital Market under the Company's existing trading symbol "FTCI" and will begin trading on a split-adjusted basis at the commencement of trading on December 2, 2024. The new CUSIP number for the common stock following the reverse split will be: 30320C 301.
FTC Solar的普通股将继续以公司现有的交易代码 “FTCI” 在纳斯达克资本市场上交易，并将于2024年12月2日交易开始时开始按拆分调整后的基础上进行交易。反向拆分后普通股的新CUSIP号码将为：30320C 301。
