Recon Technology Announces 1-for -5 Reverse Stock Split
Recon Technology, Ltd. - Class A Ordinary Shares (RCON)
US:NASDAQ Investor Relations:
exac.com/investors
Company Research
Source: PR Newswire
NEW YORK, Dec. 26, 2019 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that the Company's Board approved on December 10, 2019 to effect a reverse stock split of the Company's ordinary shares at the ratio of one-for-five with the market effective date of December 27, 2019.The objective of the reverse stock split is to enable the Company to regain compliance with the NASDAQ Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq. Beginning with the opening of trading on December 27, 2019, the Company's ordinary shares will trade on the NASDAQ Capital Market on a split-adjusted basis, under the same symbol "RCON" but under a new CUSIP Number, G7415M124.The reverse stock split will reduce the number of ordinary shares issued and outstanding from approximately 23,049,639 to approximately 4,609,928 (subject to adjustment due to the effect of rounding fractional shares into whole shares). The authorized number of ordinary shares will b
Show less
Read more
Impact Snapshot
Event Time:
RCON
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RCON alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RCON alerts
High impacting Recon Technology, Ltd. - Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
RCON
News
- Recon Technology, Ltd. (NASDAQ: RCON) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Recon Technology, Ltd Reports Financial Year Results for Fiscal Year 2024PR Newswire
- Recon Technology, Ltd. (NASDAQ: RCON) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Recon Technology, Ltd. (NASDAQ: RCON) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Recon Technology, Ltd. (NASDAQ: RCON) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
RCON
Sec Filings
- 10/30/24 - Form 20-F
- 10/9/24 - Form 6-K
- 9/12/24 - Form F-1
- RCON's page on the SEC website