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Cheetah Net Supply Chain Service将于2024年10月24日除权除息,16股合为1股

Cheetah Net Supply Chain Service To Carry Out 1-for-16 Reverse Stock Split On October 24th, 2024

Futu News ·  Oct 23 07:35

October 22nd (Eastern Time) - $Cheetah Net Supply Chain Service (CTNT.US)$ is about to implement a 1-for-16 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from October 24th, 2024.

$Cheetah Net Supply Chain Service (CTNT.US)$ slipped 2.88% and closed at $0.242799 on October 21st with a turnover of $621.99K. $Cheetah Net Supply Chain Service (CTNT.US)$ now has a total market capitalization of $9.43 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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