MoviePass’ parent company wants approval for a dramatic reverse stock split of up to 1-for-500, just months after its 1-for-250 one failed to stabilize the stock
In a filing to the SEC on Monday, MoviePass' parent company Helios and Matheson stated that it will look to approve up to a 1-for-500 reverse stock split in hopes to help its failing stock during a special meeting with stockholders in October.
✍ Source Link : ☕ Business Insider Malaysia
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✍ Source Link : ☕ Business Insider Malaysia
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(✿◠‿◠)✌ Enjoy reading and not forget to👍 Like & 💕 Share!
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