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Tantech宣布进行四十分之一的股票合并以重新获得纳斯达克合规性
2025-02-11 06:20
- Tantech (NASDAQ:TANH) board approved to effect a share consolidation of the company's common shares at the ratio of one-for-forty with the marketplace effective date of February 13, 2025.
- The objective of the share consolidation is to enable the company to regain compliance with Nasdaq and maintain its listing on Nasdaq.
- Beginning with the opening of trading on February 13, 2025, the company's common shares will trade on Nasdaq on a split-adjusted basis.
- The share consolidation will reduce the number of common shares issued and outstanding from 47.56M to ~1.19M.
- TANH shares fall over 19% post-market on Monday.
- Source: Press release
More on Tantech Holdings
- Financial information for Tantech Holdings
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