J-Star launches 1-for-5 reverse split to meet Nasdaq bid price rule

Seeking Alpha ·

J-Star Holding ( YMAT ) will implement a 1-for-5 reverse share split effective July 10 as it seeks to regain compliance with Nasdaq's minimum bid price requirement to maintain listing. The company's Class A ordinary shares will begin trading on a split-adjusted

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Bullish (Long) 49% · Bearish (Short) 51%

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