Aug. 31 at 8:24 PM
Tracking 5 stocks with reverse splits on Tuesday. Four on NASDAQ and one on the NYSE American. Expect trading to halt at 7:50pm ET tonight and resume at 9:00am Tuesday morning.
$FEED 1 for 12. Will reduce OS from approx 11.08m to approx 924k.
$FGL 1 for 100. Will reduce outstanding Class A shares from approx 7.37m to approx 74k. NOTE: Nasdaq requires that companies maintain 500k publicly traded shares. I do not know if NASDAQ will let this RS through or if FGL plans to dilute before/after the RS to get the OS above 500k.
$LGCL 1 for 125. Will reduce outstanding Class A shares from approx 42.79m to approx 342k. NOTE: Again, NASDAQ requires at least 500k publicly traded shares. LGCL has not published their share count since they announced an ATM on Aug 7. I do not know if they are still at 42.79m shares pre-split or they diluted heavily after the ATM.
$NIVF 1 for 3. Will reduce OS from approx 6.31m to approx 2.10m.
$KAPA 1 for 7. Will reduce OS from approx 23.7m to approx 3.39m.
