Jun. 26 at 11:14 PM
$SCWO - Since there has been talk / questions related to the deadline for a reverse split, I decided to do some research. Please see the below image.
I think this is accurate, but hopefully someone with more experience can confirm.
Based on the conclusion from GROK, a reverse split isn’t possible at this point, because there wouldn’t be enough time to hold a vote and meet the 10 day minimum bid requirement. So it may be safe to assume that 374Water will receive an extension, because the alternative at this point is delisting.
If they have been granted an extension (which I’m guessing they have been), announcing it would more than likely move the stock in a positive direction.
Not financial advice (NFA). Do your research!
