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

(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.
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