other material
confidence high
sentiment neutral
materiality 0.60
China Pharma announces 1-for-5 reverse stock split effective March 6, 2024
CHINA PHARMA HOLDINGS, INC.
- Reverse split at 1-for-5 ratio, effective March 6, 2024; every 5 pre-split shares convert to 1 post-split share.
- No fractional shares issued; any fractional shares will be rounded up to the next whole number.
- Trading continues on NYSE American under symbol CPHI; new CUSIP is 16941T 302.
- Split approved by Board on Oct 16, 2023 and by stockholders on Dec 17, 2023.