other material
confidence high
sentiment neutral
materiality 0.60
Volcon announces 1-for-8 reverse stock split effective Nov 8, 2024
Empery Digital Inc.
- Reverse split at ratio of 1:8; post-split shares outstanding reduced from ~4.49M to ~0.56M.
- Effective at 11:59 p.m. ET Nov 8; trading on Nasdaq on post-split basis begins Nov 11 under VLCN.
- No fractional shares issued; fractional holdings rounded up to nearest whole share.
- Authorized shares unchanged at 250 million; CUSIP changes to 92864V509.
- Historical per-share net loss amounts retroactively adjusted for the split.