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0 0 0.000339097999321767 0.00864699898270599 0.00864699898270599 -0.0493387589013225 -0.0209393014581214 -0.101390301797219
Stock impact report

Janover Announces 1-for-8 Reverse Stock Split as Part of Nasdaq Compliance Plan [Yahoo! Finance]

Janover Inc. (JNVR) 
Company Research Source: Yahoo! Finance
the “Company”), an AI-enabled platform connecting the commercial real estate industry, today announced that it will effect a 1-for-8 reverse stock split of its common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on Monday, December 30, 2024, and the Company's common stock will commence trading on the Nasdaq Capital Market (“Nasdaq”) on a post-split basis at the opening of the market on December 30, 2024, pending confirmation by the Depository Trust Company and the Nasdaq. The Company's common stock will continue to trade on the Nasdaq under the Company's existing trading symbol, “JNVR,” and a new CUSIP number 47100L 301 has been assigned as a result of the reverse stock split. The Company expects that the reverse stock split, which was approved by the Company's stockholders on November 27, 2024, will increase the price per share of the Company's common stock, and is part of the Company's strategy to regain compliance with the $1.00 minimum bid pric Show less Read more
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