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CIELO WASTE SOLUTIONS CORP To Carry Out 1-for-15 Reverse Stock Split On January 29th, 2024

moomoo News ·  Jan 25 19:40

January 26th - $CIELO WASTE SOLUTIONS CORP (CWSFF.US)$ is about to implement a 1-for-15 reverse stock split of shares. The shares will begin trading on a split-adjusted basis from January 29th, 2024.

$CIELO WASTE SOLUTIONS CORP (CWSFF.US)$ rose 40.19% and closed at $0.015 on January 25th with a turnover of $744.36. $CIELO WASTE SOLUTIONS CORP (CWSFF.US)$ now has a total market capitalization of $25.49 million.


What Is a Reverse Stock Split?

A reverse stock split consolidates the number of existing shares of stock held by shareholders into fewer shares. It does not directly impact a company's value. And it can signal a company in distress since it raises the value of otherwise low-priced shares.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

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