Jun. 4 at 8:25 PM
Two NASDAQ stocks with reverse splits scheduled on Friday. Expect trading to halt at 7:50pm ET tonight and resume at 9:00am ET Friday morning.
$CETX 1 for 10. Will reduce outstanding shares from approx 11.12m to approx 1.11m. SEC filing also notes that they have approx 4m Adjustable Warrants. After the RS, these warrants will be adjusted so that the exercise price is reduced & the number of shares of common stock underlying the Adjustable Warrants will be significantly increased.
$SMSI 1 for 5. Will reduce outstanding shares from approx 25.56m to approx 5.11m.