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Freight Technologies将于2024年9月25日除权除息,25股合为1股

Freight Technologies To Carry Out 1-for-25 Reverse Stock Split On September 25th, 2024

Futu News ·  Sep 24 07:35

September 23rd (Eastern Time) - $Freight Technologies (FRGT.US)$ is about to implement a 1-for-25 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from September 25th, 2024.

$Freight Technologies (FRGT.US)$ slipped 12.06% and closed at $0.1138 on September 20th with a turnover of $1.37 million. $Freight Technologies (FRGT.US)$ now has a total market capitalization of $1.63 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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