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June 08 2023 - 07:00AM
PR Newswire (US)
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ZHUHAI, China, June 8, 2023 /PRNewswire/ -- Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (the "Company" or "Powerbridge"), a provider of multi-industry technology solutions, today announced the closing of its 1-for-30 share consolidation of its ordinary shares (the "Share Consolidation") effective immediately after the close of trading on Nasdaq Capital Market on June 8, 2023, and the Company's ordinary shares are expected to begin trading on a post-consolidation basis at the open of trading on June 9, 2023. At market open on June 9, 2023, the Company's ordinary share will continue to be traded on the Nasdaq Capital Market under the symbol "PBTS" with the new CUSIP number G72007118. The Company undertook the Share Consolidation to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) related to the $1.00 per share minimum price bid requirement for continued listing on the Nasdaq Capital Market.
As a result of the Share Consolidation, every thirty shares of the Company's issued and outstanding ordinary shares will be automatically consolidated into one new ordinary share. The Share Consolidation will not modify any rights of the ordinary shares of the Company. No fractional shares will be issued in connection with the Share Consolidation, all such fractional shares shall be redeemed in cash for the fair value of such fractional share, which is based on the closing price of the ordinary shares on a post-consolidation basis on the Nasdaq Capital Market on the first trading date of the ordinary shares following the Share Consolidation.
Additional information about the Share Consolidation can be found in Powerbridge's definitive proxy statement filed with the U.S. Securities and Exchange Commission (the "SEC") on April 25, 2023, which is available free of charge at the SEC's website, www.sec.gov, and on Powerbridge's Investor Relations website at https://www.powerbridge.com/ir/.
About Powerbridge Technologies
Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) is a leading provider of multi-industry technology solutions. The Company offers software and platform applications, IoT platform services and intelligent devices, supply chain platforms and interactive media services, metaverse and digital services,
Garbage
Above upper Bollie
RSI over bought
too far too fast
pull back to the mid to upper .20s IMO
It might have been someone hitting a market order instead of a limit ...
lol how bout .55
.28 up and thin
Well That was nice
have to take out the seller at .24 to get past the double top ... anyone have $20,351.04 to spend?
As in KA-boom or Lower the boom ????
At today's price they paid 34.5 K for the patent, howe it generates a return...
Drop by the room, if you can, make me a super Admin to take care of the wackos.... Long on this one. Refis dropping off now surcharge and just the amount of folks left to do it. at least in my area ... OK average here.... good to go Brad
The stock gods giveth, the stock gods taketh away
Flat Tire
Our votes do not count as he has the majority with his super shares.
The housing market is sizzling, and Rocket Mortgage is cashing in
CNN coverage https://www.cnn.com/2020/11/12/investing/rocket-mortgage-buy-home-real-estate/index.html
I'm a Mobile loan signing agent ad do many Quicken loans, They used to be very quick, with almost error free and have on time docs. Customers take a survey included with their loans. I now see a slower, according to the signers, start to finish process, less accuracy on documents, and outside Title Cos, Not Amrock, doing the escrow work. In most cases this adds paperwork. The hi bred loans, some paper and some online signing take the same amount of time as all paper. When the need to call to get clarification, the wait time to get through to a person has grown, not good when you are at the table wanting to sign docs. Refi volume is slowing down and a lot of people are done with that. It will not be possible to keep the volume of loans up as the busiest days are behind us...
Just My opinion
I do own shares...
Mortgage demand from homebuyers drops to lowest level in 6 months
Wake up board
Pop and Drop same old story sheesh
ouch
what is good?
Grabbed a few today sitting on the 50 sma will see
Keep in mind in December Fannie Freddie are going to charge 0.5% adverse-market fee to all refis over $125k, thats gonna hurt...
Another rumor of a rumor? cool
Rocket Companies Inc. (NYSE:RKT) CEO Jay Farner bought 204,000 shares on Aug. 10 at a price of $18.00. The price of the stock has increased by 5.33% since then.
Crap Clay is here there goes the price for a bit......
Quit starting rumors about rumors
PITA so far, just grabbed a few 18.86
The same with their paper closings and without them wanting the Notary to supply a pad or laptop, internet connection out of their own pocket.
I'm good. I have been a Loan Signing Agent (part time) for the last 10 years and close a lot of loans for Quicken. I do paper closings, not their hybrids (paper and Esigning) as I find the hybids more time consuming, dragging my pad or laptop out and waiting for the signers to figure out how to click a mouse... Right now in the area I work in I am doing about 5 closings a day (all I want) #1 is Owning, # 2 is United Wholesale Mortgage, and Quicken is #3. There are a bunch of other folks that do this around here and I can't say how many they are doing for Quicken, but I can say Quicken has the smallest, best organized signing packages that I do.
and a 2x good morning back at ya
Hey X, I'm on this in my IRA too.. Nice to see you
Was there a split or is this real?