InvestorsHub Logo
Followers 406
Posts 58525
Boards Moderated 15
Alias Born 05/01/2010

Re: None

Wednesday, 09/07/2022 9:35:56 AM

Wednesday, September 07, 2022 9:35:56 AM

Post# of 27584
TRADERS BE AWARE:

This was quoted, it’s FALSE:

This action requires an amendment to the Certificate of Incorporation and requires the approval of the Financial Industry Regulatory Authority (“FINRA”).”


From FINRA:

Be Wary of Announcements Regarding FINRA "Approval" of a Corporate Action

Companies undergoing a corporate action often issue a press release or other communication, such as a tweet or other social media post, to provide details of the change. For instance, a company might announce a new corporate name that reflects a change in product lines or business focus. However, in the past, some companies have used these publications to suggest that FINRA has somehow "approved" a corporate action or that a corporate action will be effective once FINRA approves it. To clarify, this is not the case: FINRA does not approve corporate actions.

https://www.finra.org/investors/highlights/corporate-actions-public-companies-what-you-should-know

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ATYG News