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American International announces 1-for-60 reverse stock split

  • American International (OTCQB:AMIH) said Friday it effected a 1-for-60 reverse stock split effective May 12.
  • Starting on May 13, 2022, the company's stock will trade on a post-split basis under the ticker "AMIHD" for 20 business days.
  • After this period ends, its stock will resume trading under its previous ticker "AMIH".
  • AMIH will have ~1.6M shares issued and outstanding after the reverse stock split .

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American International Holdings Corp.