other material
confidence high
sentiment neutral
materiality 0.50
Flywheel Advanced Technology implements 1:100 reverse stock split; shares reduce to ~1.55M
FLYWHEEL ADVANCED TECHNOLOGY, INC.
- Reverse stock split effective July 14, 2022 at a 1:100 ratio.
- Outstanding shares reduced from 155,155,000 to 1,551,550.
- New CUSIP is 69806B205; ticker symbol to change in 20 days.
- Name change previously disclosed in December 2021; no new details.