Applied Blockchain Inc (APLD): Reverse stock split is an action intende...

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Applied Blockchain Inc (APLD)

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Re: KingsKnight post# 2023

Friday, 01/28/2022 1:58:33 PM

Friday, January 28, 2022 1:58:33 PM

Reverse stock split is an action intended to fulfill the stock price requirements for official listing on NASDAQ, which requires that the Company's common stock price be at $4.00 or higher at the time of listing.
SOFO,BRFH,AZ,FNGR,SPRC,IAIC (WAVD),some examples of recent uplisters without R/S at the time of listing.
4 dollars per share are enough to be able to go public and I believe that with the potential this company has, it can do it without any R/S

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