2023-06-30 14:33:54 ET
- Biotricity Holdings ( NASDAQ: BTCY ) said on Friday that it will effect a reverse stock split of it common stock, effective after markets open on July 3.
- BTCY shares up +2.1%.
- "At the effective time of the reverse stock split, every 6 shares of Biotricity common stock issues and outstanding will be combined into one share of common stock issued and outstanding," the company said in a statement .
- The reverse stock split is intended to increase the per share trading price of BTCY's common stock to satisfy Nasdaq's minimum bid price requirement.
For further details see:
Biotricity announces reverse stock split