other
confidence high
sentiment neutral
materiality 0.60
Equator Beverage announces 1-for-2 reverse stock split and authorized share reduction to 10M
EQUATOR Beverage Co
- 1-for-2 reverse stock split consolidates two shares into one; fractionals rounded up.
- Authorized shares reduced from 20M to 10M, subject to FINRA review.
- Effective no sooner than 20 days after mailing Information Statement to non-consenting shareholders.
- Company cites improved institutional access, reduced volatility, and shareholder value protection.
- Buyback program continues; no shareholder action required.
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