A.I.S. Resources Limited (TSE:AIS) has released an update.
A.I.S. Resources Limited has announced a 1-for-10 reverse stock split effective March 8, 2024, in a strategic move to restructure the company and explore new investment opportunities. Post-split, the company will have approximately 20,421,540 common shares, with the aim to enhance the development of its assets without altering the market capitalization. This consolidation will round fractional shares to the nearest whole number, benefitting shareholders accordingly.
For further insights into TSE:AIS stock, check out TipRanks’ Stock Analysis page.
