other material
confidence high
sentiment neutral
materiality 0.50
Guided Therapeutics cancels previously approved 1-for-20 reverse stock split, renders amendment void
GUIDED THERAPEUTICS INC
- Certificate of Correction filed July 25, 2022, nullifies December 30, 2021 reverse split amendment ab initio.
- FINRA never declared the reverse split effective, so it was never implemented on the OTC Market.
- Reverse stock split ratio of up to 1-for-20 was approved by stockholders in July 2021 and board in December 2021.