Share structure for pre split holders is so signif
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Posted On: 02/17/2024 12:34:57 PM
Share structure for pre split holders is so significantly impacted it really doesn’t matter the post split intent/plans/use of post shares. Here’s why:
Pre split holders of the outstanding shares account for roughly 975 million out of the 1 billion authorized shares. Post 4k reverse split holders own roughly 244 thousand out of the 1 billion authorized shares. Further, the company will yield 999.7 million new shares to utilize as they deem beneficial.
Pre split holders of the outstanding shares account for roughly 975 million out of the 1 billion authorized shares. Post 4k reverse split holders own roughly 244 thousand out of the 1 billion authorized shares. Further, the company will yield 999.7 million new shares to utilize as they deem beneficial.
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