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DewDiligence

03/17/21 9:59 AM

#237457 RE: DewDiligence #237455

ANCN–>CMMB correction: The reverse split accompanying the closing of the reverse merger is effectively 1:16 (not 1:4) because the each CMMB ADS now represents 20 ordinary shares instead of only 5. (Effectively, there were two simultaneous reverse splits of 1:4 each.)