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Sky Century Investment ( (SKYI) ) has provided an update.
On May 5, 2025, Sky Century Investment, Inc. announced a reverse stock split at a ratio of 1-for-100, reducing its outstanding common stock from 223,548,220 shares to 2,235,482 shares. This corporate action, approved by a majority of shareholders, aims to increase the per-share price of the company’s stock, making it more appealing to institutional investors and potentially improving market liquidity. The reverse stock split will not affect the proportional ownership of shareholders, except for the elimination of fractional shares, and the company’s stock will continue trading under the ticker symbol ‘SKYI’ with a new CUSIP number.
More about Sky Century Investment
Sky Century Investment, Inc. operates in the financial sector, focusing on investment services. The company is involved in managing and executing financial strategies, with a market focus on enhancing shareholder value and attracting institutional investors.
Current Market Cap: $1.1M
See more data about SKYI stock on TipRanks’ Stock Analysis page.