other material
confidence high
sentiment neutral
materiality 0.65
Equator Beverage Co. approves 1-for-2 reverse stock split, cuts authorized shares to 10M
EQUATOR Beverage Co
- Reverse stock split effective Oct 27, 2025; shares trade temporarily as MOJOD on OTCQB, reverting to MOJO after 20 business days.
- Pre-split shares outstanding 18,172,316; post-split approx 9,086,158; authorized shares reduced from 20M to 10M.
- Fractional shares rounded up to next whole share; no cash paid in lieu. Par value unchanged at $0.001.
- Board and majority stockholders believe split will increase per-share price to attract institutional interest, but no assurance.