Delixy Holdings Announces 1-For-5 Reverse Stock Split, Effective September 28
As a result of the Reverse Share Split, each five (5) issued and outstanding Class A Ordinary Shares will be combined into one (1) Class A Ordinary Share, and each five (5) issued and outstanding Class B Ordinary Shares
Delixy is combining five old shares into one new share. This is a common move when a stock price gets too low, but it does not change what the company is actually worth.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.