ToughBuilt announces 1-for-65 reverse stock split

ToughBuilt announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 65 pre-split shares. The reverse stock split will become effective at 4:30 p.m., New York time, on January 1, 2024. ToughBuilt’s common stock will continue to be traded on the Nasdaq Capital Market under the symbol (TBLT) and will begin trading on a split-adjusted basis when the market opens on January 2, 2024.