Jun. 23 at 11:43 AM
Currently tracking five reverse splits. 3 on NASDAQ, 1 NYSE, and 1 NYSE American (AMEX). Trading resumes at 9:00am ET.
NASDAQ:
$TRUG 1 for 50. Will reduce outstanding shares from approx 40.5m to approx 810k.
$SLE 1 for 40. Will reduce outstanding shares from approx 35.4m to approx 884k.
$MAAS 1 for 90. Will reduce outstanding shares to approx 8,583,869 Class A shares. This one is a bit complicated. NASDAQ trades the company's ADS's. The ADS are a ratio of 1 ADS = 90 shares. The company is terminating their ADS program. All ADS will convert to ordinary shares.They are also doing a 1:90 RS on ordinary shares. End result is that "For the Company’s former ADS holders, the reverse stock split would have the same effect as one new Class A ordinary share." If you own 1000 ADS prior to today, you will now own 1000 ordinary shares.
NYSE
$STEM 1 for 20. Will reduce outstanding shares from approx 167m to approx. 8.4m
AMEX
$KULR 1 for 8. Will reduce outstanding shares from approx 300 to approx. 37.5m
