Cloudastructure Announces 1-For-30 Reverse Stock Split, Effective July 31
Cloudastructure, Inc. (NASDAQ:CSAI), a provider of AI-powered video surveillance, remote monitoring, and cloud-based security analytics, today announced that its stockholders have approved, and the Company intends to
Cloudastructure is doing a reverse stock split, which means each share you own will combine into one share, but the price per share will go up in return—the total value stays the same. This is a procedural change that sometimes happens when a company wants to adjust its stock price, so watch whether the company's actual business performance improves after this happens.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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