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OREX MINERALS INC NEW将于2023年9月27日除权除息,10股合为1股

OREX MINERALS INC NEW To Carry Out 1-for-10 Reverse Stock Split On September 27th, 2023

Futu News ·  Sep 26, 2023 07:40

September 26th - $OREX MINERALS INC NEW (ORMNF.US)$ is about to implement a 1-for-10 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from September 27th, 2023.

$OREX MINERALS INC NEW (ORMNF.US)$ rose 1.66% and closed at $0.0245 on September 25th with a turnover of $4,318.25. $OREX MINERALS INC NEW (ORMNF.US)$ now has a total market capitalization of $4.59 million.


What Is a Reverse Stock Split?

A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares. It does not directly impact a company's value. And it can signal a company in distress since it raises the value of otherwise low-priced shares.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

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