December 2nd (Eastern Time) - $TERRA CLEAN ENERGY CORP (TCEFF.US)$ is about to implement a 1-for-4 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from December 4th, 2024.
$TERRA CLEAN ENERGY CORP (TCEFF.US)$ slipped 23.16% and closed at $0.0272 on November 29th with a turnover of $272. $TERRA CLEAN ENERGY CORP (TCEFF.US)$ now has a total market capitalization of $1.07 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.