MMTEC Announces 1-For-8 Reverse Stock Split, Effective Date Is Scheduled To Be December 18, 2024
MMTEC Announces 1-For-8 Reverse Stock Split, Effective Date Is Scheduled To Be December 18, 2024
MMTEC, Inc. ("MMTEC" or the "Company") (NASDAQ:MTC) reported that it expects to implement a 1-for-8 reverse stock split on its common stock. The effective date is scheduled to be December 18, 2024, subject to the Company's satisfaction of Nasdaq Operations notice requirements, with trading to begin on a split-adjusted basis at the market open on that day. Trading in the common stock will continue on the Nasdaq Stock Market under the symbol "MTC". The new CUSIP number for the common stock following the reverse stock split will be G6181K122. In the event that the effective date is delayed, the Company will update the effective date via a subsequent press release.
MMTEC公司（"MMTEC"或"公司"）（纳斯达克：MTC）报告称预计将实施1拆8的反向股票拆分。生效日期定于2024年12月18日，需满足纳斯达克运营通知要求，届时交易将在该日市场开盘时开始按拆分调整后的基础进行。普通股将在纳斯达克证券市场继续以标的"MTC"交易。反向股票拆分后普通股的新CUSIP号码将为G6181K122。如果生效日期被延迟，公司将通过后续新闻稿更新生效日期。
The reverse stock split at a ratio of 1-for-8 shares was approved by the Company's Board of Directors.
公司的董事会已批准1拆8的反向股票拆分。
