Discover and read the best of Twitter Threads about #ReverseSplits
Most recents (1)
#IntoTheDD
#ReverseSplits
(1/8)
Reverse splits are often seen as evil incarnate. This is sometimes true and false.
Today we'll slightly go over:
1. What is a reverse split
2. The high-level process
3. The good
4. The bad
5. The ugly
6. How to spot a reverse split
#ReverseSplits
(1/8)
Reverse splits are often seen as evil incarnate. This is sometimes true and false.
Today we'll slightly go over:
1. What is a reverse split
2. The high-level process
3. The good
4. The bad
5. The ugly
6. How to spot a reverse split
#ReverseSplits
(2/8)
What is a reverse split--
* A reduction of shares which increases the share price
* Does not change the value of your shares
* Market cap does not change
(2/8)
What is a reverse split--
* A reduction of shares which increases the share price
* Does not change the value of your shares
* Market cap does not change
#ReverseSplits
(3/8)
The High-level Process--
1. Announcement via 8-K, 10-Q, 10-K, or articles of incorporation.
2. Shareholder approval (if required).
3. Company submits notice to FINRA 10 days prior to the effective date.
4. Split posted to the OTC Daily List.
(3/8)
The High-level Process--
1. Announcement via 8-K, 10-Q, 10-K, or articles of incorporation.
2. Shareholder approval (if required).
3. Company submits notice to FINRA 10 days prior to the effective date.
4. Split posted to the OTC Daily List.
