Jaguar Health Inc (JAGX)

[DanDosh]

I'm quoting myself here, since i can't edit my prev post and i've found an answer, if anyone cares:

1. Notification to NASDAQ: The company must submit a complete Company Event Notification Form no later than 12:00 p.m. ET, five business days prior to the proposed market effective date of the reverse split? (NASDAQ Listing Center)?? (ANTHONY, LINDER & CACOMANOLIS, PLLC)?.

2. Public Disclosure: The company must also provide public notice of the reverse stock split using a Regulation FD-compliant method at least two business days before the market effective date? (ANTHONY, LINDER & CACOMANOLIS, PLLC)?? (TheCorporateCounsel.net)?.

Disclaimer, this was given to me by chatGPT 4, so take it as you want. If this is true, then they could have made the effective reverse split date earlier, so on Tuesday, but they chosen 23th of May, Thursday. Maybe they plan to release PIII results just before the actual split? Or even on the same day, to soften the blow?

Personally, i can't imagine shorting a stock that has an imminent catalyst like this, but that's just me... Even if you are a shorter, you still have to do you DD and know the upcoming catalysts of the stock you are shorting, and their chances of success with said catalyst, right? Maybe people don't believe this will be successful? I guess i'll find out soon enough the hard way.