Color Star Technology Announces 100-for-1 Reverse Share Split
Color Star Technology Co., Ltd. - Class A Ordinary Shares (ADD)
Company Research
Source: GlobeNewswire
NEW YORK, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Color Star Technology Co., Ltd. (Nasdaq: ADD) (“Color Star” or the “Company”), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announced today that it will effect a 100-for-1 reverse share split of its Class A and Class B ordinary shares. The Company anticipates that the reverse share split will be effective upon the commencement of trading on the Nasdaq Capital Market on November 15, 2024 (U.S. Eastern Time). On September 29, 2024, the shareholders of the Company approved the 100-for-1 reverse share split and corresponding changes in the Sixth Amended and Restated Memorandum and Articles of Association. As a result of the reverse share split, the number of ordinary shares outstanding will be reduced from approximately 70 million Class A Ordinary Shares and 1.2 million Class B Ordinary Shares to approximately 0.7 million Clas
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- Color Star Technology Received Nasdaq Notification Letter Regarding Bid Price DeficiencyGlobeNewswire
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ADD
Sec Filings
- 10/17/24 - Form 20-F
- 10/15/24 - Form S-8
- 10/8/24 - Form 6-K
- ADD's page on the SEC website