other material
confidence high
sentiment positive
materiality 0.65
Organicell announces 1-for-200 reverse stock split effective Nov 27, reduces outstanding shares from 1.22B to ~6.12M
Zeo ScientifiX, Inc.
- Reverse split at 1:200 ratio effective close of business Nov 27, 2023; trading on post-split basis begins Nov 28 under ticker OCELD for 20 days.
- Outstanding shares reduced from approximately 1,223,935,500 to about 6,119,678.
- CEO Harry Leider states reverse split positions company for potential uplisting and improved marketability.
- No fractional shares; one whole share issued for any fractional interest resulting from split.
- Authorized shares unchanged; additional shares available for future capital raising but no specific plans.