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ToughBuilt Industries (NASDAQ:TBLT) revealed Friday after market close its plan to executive a 1-for-150 reverse stock split of its common shares. The moves comes as part of company's strategy to regain compliance with Nasdaq's $1 minimum bid price requirement. Split is to be effective at 12:01 AM ET on Apr. 25, 2022. Stock is down 3.5% post-market. Earlier (Apr. 19): ToughBuilt Industries stock jumps after Q4 revenue more than doubled