Sun Pacific Holding Corp (SNPW)

[Dolly Llama]

I'll give you two answers to your question.

But then my question is how long can a company maintain a "D" at the end of their ticker?

The short answer is: I don't know.

The longer answer is: I was able to find some information, but I don't know if it is correct. I used the search engine Copilot. It uses artificial intelligence to consolidate reliable sources across the Web to create summarized answers. I asked Copilot about how long the "D" that is appended to tickers after a reverse split remains, and got the usual answer, which is that the "D" is typically removed after about twenty trading days. But then I asked the following question:

Who determines the waiting period for the "D" designation to be removed from a stock ticker after a reverse split?

This is the answer Copilot generated:

Copilot
The specified period during which the “D” designation remains attached to a stock ticker symbol after a reverse split is determined by the company’s management and is subject to consent from the shareholders through their voting rights. Typically, the exchange temporarily adds the “D” to the ticker symbol during a reverse stock split, signaling that the stock has undergone significant changes in its capital structure. This letter is generally present at the end of the ticker for approximately 20 trading days before it is removed. The decision to remove the “D” designation follows a predetermined timeframe and is not discretionary. It serves as an indicator to investors and traders that the stock has recently experienced corporate actions and will eventually transition back to its regular symbol.

Copilot provides source links with its answers, so I checked the links it provided. But I couldn't find the specific source of the first sentence about the company making the determination. However my understanding is that Copilot digs deeper than just the sources that it lists. If those sources list their own sources, as these did, apparently Copilot checks into the deeper links as well and gleans information from them, sometimes going multiple levels deeper. I tried a few deeper sources, and still wasn't able to find anything about the company making the determination.

The advantage of AI is that it has the resources to dig deeper and deeper into sources that branch out farther and farther. I don't have that kind of time or patience. So I didn't find the source, and I don't know if the information about the company making the determination is accurate or not.

But I did learn a lot about Copilot. LOL