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Re: NorthPeak22 post# 46866

Sunday, 02/25/2024 3:01:29 PM

Sunday, February 25, 2024 3:01:29 PM

Post# of 52200
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