other material
confidence high
sentiment neutral
materiality 0.50
Nocopi Technologies files for 1:10 reverse stock split effective Sept 2, 2022
NOCOPI TECHNOLOGIES INC/MD/
- Filed Notice of Abandonment for prior August 2 articles; new 1:10 reverse split effective 12:01 a.m. ET Sept 2, 2022.
- No fractional shares issued; each fractional interest rounded up to one whole share.
- Authorized shares and $0.01 par value unchanged; new CUSIP 655213106 after effective time.
- Reverse split approved by Board without stockholder vote under Maryland law.