China SXT Pharmaceuticals Announces 1-For-80 Reverse Stock Split, Effective Aug. 10
China SXT Pharmaceuticals, Inc. (NASDAQ: SXTC) (the "Company"), today announced that it will effect a share consolidation of its Class A ordinary shares, no par value per share, and Class B ordinary shares no
A company is combining 80 old shares into 1 new share—like trading eighty dollar bills for one $80 bill. When companies do this, it usually means the stock price got very low, so watch if the company's business is getting stronger or if it's just trying to look better.
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