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TenKay

10/03/23 2:11 PM

#66620 RE: DewmBoom #66616

They did it with IDEX because IDEX had not done any reverse split during the two grace periods…so they worked with them when IDEX presented that as their plan at the hearing.

The problem that MULN has is they have already done two reverse splits during the grace periods totaling 1:225 and the stock is back below $1 despite that.

I suspect Nasdaq will be a little less forgiving.

….it will be interesting to see.