other material
confidence high
sentiment neutral
materiality 0.65
WB Burgers Asia files Certificate of Change for 100-to-1 reverse stock split; FINRA action pending
WB Burgers Asia, Inc.
- Board and majority shareholders approved 100-to-1 reverse split of outstanding common shares.
- Certificate of Change filed with Nevada Secretary of State on December 6, 2023.
- No change in authorized shares; fractional shares rounded up to nearest whole share.
- FINRA corporate action pending; ticker symbol may temporarily add 'D' and new CUSIP assigned.
- Reverse split intended to improve marketability and liquidity of common stock.