Monday, February 28, 2022 10:50:50 AM
FINRA does not approve reverse splits, but it does process reverse stock splits as part of its functions related to company corporate actions in the OTC market. OTC companies must submit notice to FINRA 10 days prior to the record/effective date of the corporate action. Once a corporate action submission is successfully processed (which may take longer than 10 days), it will be posted to the OTC Daily List. The Daily List is a place investors can learn about reverse stock splits and other company corporate actions, such as a merger or acquisition, payment of dividends or a company dissolution or liquidation.
https://www.finra.org/investors/insights/you-asked-we-answered-what-is-reverse-stock-split#:~:text=contact%20the%20SEC.-,What%20is%20FINRA's%20role%3F,date%20of%20the%20corporate%20action.
Corporate Actions
Splits
Symbol
CGLD
Security Type
Market
SPLITS
Not available
https://www.otcmarkets.com/market-activity/corporate-actions
It is understood that all posts on the site are to be considered opinions. They do not need to indicate this in their posts.
Readers determine the veracity of the posts they read and the credibility of other Users
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM