Trust Stamp to Implement 1-for-15 Reverse Stock Split

MT Newswires Live

2025/01/03

Trust Stamp (IDAI) said Thursday it is implementing a one-for-15 reverse stock split of its common stock starting Monday to comply with the Nasdaq's $1-per-share listing requirement.

No fractional shares will be issued; instead, they will be rounded up to the nearest whole share, the company said.

The company's shares were up 1% in recent trading.

Price: 0.89, Change: +0.01, Percent Change: +1.01

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