DarioHealth Corp (DRIO)

[jimmenknee]

The reverse split that was also voted upon and authorized Posiden-- it doesn't affect the number of Authorized Shares, just reduces the Outstanding Shares.

FWIW, when the reverse split is executed many shareholders will not be able to trade their shares until the Transfer Agent and Brokerage completes the transaction (can take several days even a week or so). No trader in their right mind would hold through a Reverse Split for that very reason as they all have a negative (sell) pressure attached...

... and most investors shouldn't but many have been distracted from employing rational risk logic