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T Stamp, Inc. Class A ( (IDAI) ) has provided an update.
Trust Stamp has announced a reverse stock split at a 1-for-15 ratio, effective January 6, 2025, to comply with Nasdaq Rule 5550(a)(2) and enhance investment eligibility. CEO Gareth N. Genner highlighted the strategic repositioning for 2025 with new partnerships, income sources, and reduced expenses, aiming to grow the shareholder base by attracting family offices and institutions.
More about T Stamp, Inc. Class A
Trust Stamp, the Privacy-First Identity Company™ is a global provider of AI-powered software and data transformation services for sectors including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services. Operating across North America, Europe, Asia, and Africa, Trust Stamp is traded on the Nasdaq Capital Market under the symbol IDAI.
Average Trading Volume: 19,411,949
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $24.68M
For detailed information about IDAI stock, go to TipRanks’ Stock Analysis page.
