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"）（納斯達克：MTC）報告稱預計將實施1拆8的反向股票拆分。生效日期定於2024年12月18日，需滿足納斯達克運營通知要求，屆時交易將在該日市場開盤時開始按拆分調整後的基礎進行。普通股將在納斯達克證券市場繼續以標的"MTC"交易。反向股票拆分後普通股的新CUSIP號碼將爲G6181K122。如果生效日期被延遲，公司將通過後續新聞稿更新生效日期。
The reverse stock split at a ratio of 1-for-8 shares was approved by the Company's Board of Directors.
公司的董事會已批准1拆8的反向股票拆分。