2023-05-09 16:47:39 ET
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ReTo Eco-Solutions ( NASDAQ: RETO ) on Tuesday said its board approved a 10:1 reverse stock split.
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The company's common shares will begin trading on a split adjusted basis on May 12, 2023.
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The company's authorized shares will be changed from 200 million common shares to 20 million common shares.
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The company's issued and outstanding common shares will be reduced from 53,787,689 to approximately 5,378,769.
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The common shares will trade under a new CUSIP number – G75271117.
For further details see:
ReTo Eco-Solutions announces 10-for-1 reverse share split