Simply Inc. (SIMPQ)

[Tommycjr43]

This is very odd too... Seems the company which is working hard to uplist isn't aware of FINRA requirements.

Its also the first time I have been invested in a stock that has announced a split that was effective the very next day..

And why not just keep the ticket symbol the same until 11/11 ?

MIAMI, October 13, 2020 – Cool Holdings, Inc. (OTCQB: AWSM) (the “Company” or “Cool Holdings”) announced earlier today that effective October 14, 2020 it will change its name to “Simply, Inc.” (the “ Name Change”), change its ticker symbol on the OTCQB Venture Market to “SIMP” and effect a 1-for-10 reverse stock split (the “Reverse Stock Split”). However, because of a rule imposed by FINRA in situations where a name change and reverse stock split are conducted simultaneously, the ticker symbol change cannot be affected immediately. Rather, the ticker symbol for the Company’s common shares will change to “AWSMD” for a period of 20 trading days after the Name Change and Reverse Stock Split are effected, after which the ‘D’ will be removed from the Company’s ticker symbol, and, beginning November 11, 2020, the Company’s ticker symbol will change to “SIMP”.