The reverse split for that stock states: exchange ratio ranging between 1-for-10 and 1-for-100 So depending on where the share price is after the reverse gets approved is what ratio they will chose. If they do a 1:30 reverse you will have 30 shares but at 10x the price. If they do up to a 1:100 reverse you will have 3 shares.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.