other material
confidence high
sentiment negative
materiality 0.50
Arvana delays forward stock split due to pending FINRA review; misses effective date
ARVANA INC
- Forward stock split announced Feb 23, 2023 did not occur on designated effective date.
- Delay attributable to ongoing review by FINRA of the corporate action.
- CEO Ruairidh Campbell says company will work diligently with FINRA to resolve issues.
- Stock trades OTC Pink under symbol AVNI; company operates fishing charters via Down2Fish Charters.