China SXT Pharmaceuticals Announces 1-For-100 Reverse Stock Split, Effective Oct. 26
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, at a ratio of 1-for-100,
China SXT Pharmaceuticals is combining 100 old shares into 1 new share. When a company does this, watch whether the business itself is getting stronger or just rearranging its stock.
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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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