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home / news releases / FRGT - Freight Technologies announces 10-for-1 reverse share split to regain NASDAQ compliance

FRGT - Freight Technologies announces 10-for-1 reverse share split to regain NASDAQ compliance

Freight Technologies, Inc.

2023-03-23 13:53:26 ET

  • In order to comply with Nasdaq's minimum bid price requirement and maintain its listing, Freight Technologies ( NASDAQ: FRGT ) announced a reverse share split which will increase the market price per share of the company's ordinary share.
  • On Mar.3, 2023, the company approved a 10:1 reverse split of its shares, effective on or around Mar.24, 2023.
  • The number of outstanding ordinary shares following the reverse split will be reduced to 3.27M shares

For further details see:

Freight Technologies announces 10-for-1 reverse share split to regain NASDAQ compliance
Stock Information
Company Name: Freight Technologies, Inc.
Stock Symbol: FRGT
Market: NASDAQ
Website: fr8technologies.com
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