MicroCloud Hologram ( (HOLO) ) has issued an update.
MicroCloud Hologram Inc. announced that its Board of Directors has set April 21, 2025, as the effective date for a 1-for-40 reverse share split of its ordinary shares. This decision follows shareholder approval at an Extraordinary General Meeting on March 24, 2025. The reverse split aims to adjust the number of issued and outstanding shares, impacting the trading of Class A Ordinary Shares on the Nasdaq Capital Markets. The move is expected to influence the company’s stock structure and market operations, reflecting strategic adjustments in response to shareholder and market dynamics.
More about MicroCloud Hologram
MicroCloud Hologram Inc. is a company dedicated to providing advanced holographic technology services globally. Their offerings include high-precision holographic LiDAR solutions, holographic imaging solutions, and digital twin technology services, catering to industries requiring advanced driver assistance systems and 3D holographic forms.
YTD Price Performance: -89.33%
Average Trading Volume: 31,057,080
Technical Sentiment Signal: Strong Buy
Current Market Cap: $99.74M
Learn more about HOLO stock on TipRanks’ Stock Analysis page.