Cemtrex announces 1-for-60 reverse stock split to regain Nasdaq compliance

CEMTREX INC

Reverse stock split at 1-for-60 ratio effective Oct 3, 2024 at 12:01 a.m. ET.
Split intended to regain Nasdaq minimum $1 bid price compliance; deficiency notice received June 14, 2024.
CUSIP changes to 15130G808; trading symbol CETX unchanged.
Outstanding Adjustable Warrants for 50M shares at $0.85 will have exercise price reduced and share count increased.
No fractional shares; any fractional interest rounded up to one whole share.

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