Creative Media & Community Trust (CMCT) said Thursday its board had approved a 1-for-10 reverse stock split of its common stock, effective Jan. 6.
The stock will begin to trade on a split-adjusted basis at market open that day with the same ticker symbol, the company said.
It added that no fractional shares will be issued, and stockholders who would otherwise receive a fractional share would instead receive a cash payment based on the Jan. 6 closing price of the stock on Nasdaq.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。