Premium Catering (PC) announced a Share Consolidation of its Class A Ordinary Shares on July 11, 2025. A Reverse Stock Split of 1:9 will take place with a record date of July 21, 2025, and the Class A Ordinary Shares are expected to begin trading on a Reverse Stock Split adjusted basis on the Nasdaq Capital Market as of the open of trading on July 22, 2025, under the existing ticker symbol of “PC”. Currently, there are 18,652,750 Class A Ordinary Shares issued and outstanding. Following the Reverse Stock Split, the number of Class A Ordinary Shares issued and outstanding will be 2,072,528.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PC: