DropCar Announces Intention to Explore Strategic Opportunities to Maximize Shareholder Value
DROPCAR (DCAR)
US:NASDAQ Investor Relations:
wpcsir.com
Company Research
Source: Business Wire
Announces 1:6 Reverse Stock Split to Regain Nasdaq Compliance NEW YORK--(BUSINESS WIRE)-- DropCar, Inc. (Nasdaq: DCAR), a provider of last mile logistics technology, mobility services and cloud based software for both the automotive industry and consumers, today announced that the Company has initiated a process to evaluate strategic opportunities to maximize shareholder value. While management continues to focus on the Company’s business activities and operations, this process will consider a range of potential strategic opportunities including, but not limited to, business combinations. Spencer Richardson, Chief Executive Officer, commented: "The Board of Directors and management believe that now is the right time to review strategic opportunities in order to assess how best to maximize value for our shareholders. During this process, the DropCar team will remain focused on our current bus
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