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Posted On: 10/29/2019 4:16:55 PM
Post# of 27
NetworkNewsBreaks – OriginClear, Inc. (OCLND) Announces Implementation of 1-for-2000 Reverse Stock Split
OriginClear (OTC: OCLND), a leading provider of water treatment solutions, today announced that it implemented a 1-for-2000 reverse stock split on October 24, 2019. The number of outstanding common stock shares has been reduced from about 6.4* billion to approximately 3.2 million. Investors should note that the ticker symbol of the company’s common stock will change to OCLND for 20 trading days after the reverse stock split. “This reverse stock split is part of a plan to strengthen our capital structure for future growth and potential acquisitions,” OriginClear CEO Riggs Eckelberry said in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
OriginClear (OTC: OCLND), a leading provider of water treatment solutions, today announced that it implemented a 1-for-2000 reverse stock split on October 24, 2019. The number of outstanding common stock shares has been reduced from about 6.4* billion to approximately 3.2 million. Investors should note that the ticker symbol of the company’s common stock will change to OCLND for 20 trading days after the reverse stock split. “This reverse stock split is part of a plan to strengthen our capital structure for future growth and potential acquisitions,” OriginClear CEO Riggs Eckelberry said in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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