Sunday, February 25, 2024 3:01:29 PM
In late August, '23, there was discussion here on reverse splits. My huge thanks, as always, for this board's help sharing! For me, NorthPeak22's post summed it up well,, so I dug that up/replied to it here.
If I've read correctly, in early Nov, '23, SEC approved a NASDAQ rule allowing companies to give only 2 days' notice, down from 15 😳. Yikes.
cooleypubco.com/2023/11/06/sec-approves-nasdaq-rule-reverse-splits/
That same article also notes a very steep increase in the # of companies doing r/s in '22/'23.
I'm getting a little twitchy on the subject now that we're so close to action. Thinking I should at least have a contingency plan?
Wondering what you all think about that now.
And how best to know instantly, IF...
I still feel like a newbie after a mere year & a half here, so big thanks! y'all are the best
If I've read correctly, in early Nov, '23, SEC approved a NASDAQ rule allowing companies to give only 2 days' notice, down from 15 😳. Yikes.
cooleypubco.com/2023/11/06/sec-approves-nasdaq-rule-reverse-splits/
That same article also notes a very steep increase in the # of companies doing r/s in '22/'23.
I'm getting a little twitchy on the subject now that we're so close to action. Thinking I should at least have a contingency plan?
Wondering what you all think about that now.
And how best to know instantly, IF...
I still feel like a newbie after a mere year & a half here, so big thanks! y'all are the best
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