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Stock impact report

ReTo Eco-Solutions, Inc. Announces Share Combination [Yahoo! Finance]

ReTo Eco-Solutions, Inc. - Common Shares (RETO) 
Company Research Source: Yahoo! Finance
operation services for intelligent ecological environments and Internet of Things technology development services in China and other countries, today announced that on February 1, 2024 , its board of directors approved a combination of its common shares on a ten-to-one basis (the " Share Combination "). The Company's common shares will begin trading on a post combination basis on March 1, 2024 As a result of the Share Combination, each ten (10) pre-combination common shares of the Company will be automatically combined into one (1) common share without any action on the part of the holders, with par value of the common shares of the Company being changed from per share to per share, and the Company's issued and outstanding common shares will be reduced from 37,451,882 to approximately 3,745,189. The Company's common shares will continue to trade on the Nasdaq Capital Market (" Nasdaq ") under the symbol "RETO" under a new CUSIP number – G75271125. The Share Combination is intended t Show less Read more
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