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百家云将于2024年6月10日除权除息,5股合为1股

Baijiayun To Carry Out 1-for-5 Reverse Stock Split On June 10th, 2024

Futu News ·  Jun 7 07:40

June 7th - $Baijiayun (RTC.US)$ is about to implement a 1-for-5 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from June 10th, 2024.

$Baijiayun (RTC.US)$ rose 0.24% and closed at $1.0224 on June 6th with a turnover of $253.66K. $Baijiayun (RTC.US)$ now has a total market capitalization of $89.65 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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