other_material
confidence high
sentiment neutral
materiality 0.60
Vestiage changes name to Loan Artificial Intelligence Corp, 1-for-800 reverse stock split effective Sept 23
Loan Artificial Intelligence Corp.
- Name change to Loan Artificial Intelligence Corp; temporary symbol 'VESTD' for 20 days, then 'LAAI'.
- Reverse stock split at 1-for-800 reduces shares from ~363.6M to ~454K.
- Shareholder approval from majority holder (91.7% of voting); FINRA effective Sept 23.
- Fractional shares cashed out at closing price on effective date; CUSIP changes to 92548W204.
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