Evercore Holdings Inc (EVHO)

[justhefax]

You cite 2 main drivers for a RS. Agree that often to meet uplist share price status requirements , and attract institutional investors.

But a third, and it is common, is survival. Once share counts are lowered (RS) companies can go back to issuing more shares at higher prices to continue funding their operations.

It is also common that post RS the share price trades down, so pre holders get hurt.

Just nature of the beast so to speak and why timing and care , and yes, reading the K’s / Q’s matter

As you posted from financials -
“As a result, our continuation as a going concern is dependent on our ability to obtain additional financing until we can generate sufficient cash flow from operations to meet our obligations. We intend to continue to seek additional debt or equity financing to continue our operations.”

It’s business…. Just business….