October 21st - $MOJAVE BRANDS INC (HHPHF.US)$ is about to implement a 1-for-4 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from October 25th, 2023.
$MOJAVE BRANDS INC (HHPHF.US)$ closed at $1e-06 on October 20th . $MOJAVE BRANDS INC (HHPHF.US)$ now has a total market capitalization of $10.24.
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.