TD Holdings Inc (GLG): The Reverse Split does not affect the Co...

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Re: Awl416 post# 212

Sunday, 10/22/2023 4:44:25 PM

Sunday, October 22, 2023 4:44:25 PM

The Reverse Split does not affect the Company’s authorized shares of stock (which will remain at 650,000,000, including 600,000,000 shares of common stock and 50,000,000 shares of preferred stock) and will not change the par value of the stock (which will remain at $0.001 per share).

Why the F would I buy a stock which will reverse split by 50 but still maintain 600 million Authorized shares of Common shares...

How the F does that make sense lol......

This was a nice buy at .06 cents though

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Recent GLG News

Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 04/17/2024 04:15:17 AM
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Form 8-K - Current report • Edgar (US Regulatory) • 11/02/2023 08:01:19 PM
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BAIYU Holdings, Inc. (Formerly TD Holdings, Inc.) Announces Reverse Stock Split • PR Newswire (US) • 10/27/2023 12:30:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/20/2023 08:01:12 PM
Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 09/29/2023 08:20:39 PM
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