Staffing 360 Solutions announced that it intends to effect a reverse stock split of its common stock at a ratio of one 1 post-split share for every ten 10 pre-split shares. The reverse stock split will become effective at 4:05 p.m., New York time, on Tuesday, June 25, . Staffing 360’s common stock will continue to trade on the Nasdaq Capital Market under the symbol STAF, and will begin trading on a split-adjusted basis when the market opens on Wednesday, June 26, 2024. The new CUSIP number for the common stock following the reverse stock split will be 852387604.
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 STAF: