other material
confidence high
sentiment neutral
materiality 0.50
Elvictor Group shareholders approve reverse stock split authorization with ratio 1:75 to 1:150
Elvictor Group, Inc.
- Board recommended and majority shareholders approved reverse stock split at ratio between 1:75 and 1:150.
- Board has discretion to choose exact ratio and effect the split any time before January 1, 2022.
- The split will reduce outstanding shares proportionally and may increase per-share price.