Do the division using your own position. Probably all shareholders will end up with X number of shares plus a fractional share. CMKX and UCAD have decided to round up the fraction to the nearest full share. In order to be able to do this, UCAD will have to issue more stock, up to about 45K shares. No big deal.
What does it mean when they say round up? I'm assuming that you take 7.5 million shares and send it to the shareholders. Why need a roundup.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.