MMTEC, Inc. Announces 1-for-8 Reverse Stock Split [Yahoo! Finance]
MMTec, Inc. - Common Shares (MTC)
Company Research
Source: Yahoo! Finance
The effective date is scheduled to be December 18, 2024 , subject to the Company's satisfaction of Nasdaq Operations notice requirements, with trading to begin on a split-adjusted basis at the market open on that day. Trading in the common stock will continue on the Nasdaq Stock Market under the symbol "MTC". The new CUSIP number for the common stock following the reverse stock split will be G6181K122. In the event that the effective date is delayed, the Company will update the effective date via a subsequent press release. The reverse stock split at a ratio of 1-for-8 shares was approved by the Company's Board of Directors. Upon the effectiveness of the reverse stock split, every 8 shares of the Company's issued and outstanding common stock will automatically be converted into one share of issued and outstanding common stock. No fractional shares will be issued as a result of the reverse stock split. Instead, any fractional shares that would have resulted from the split will be r
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Sec Filings
- 1/6/25 - Form 6-K
- 12/27/24 - Form 6-K
- 12/13/24 - Form 6-K
- MTC's page on the SEC website