Modiv Industrial Inc., a public REIT focused on industrial manufacturing real estate, has proposed a reverse stock split of its common stock, ranging from 1:500 to 1:1,500, to be potentially implemented before December 31, 2026. This move is intended to reduce costs and potentially increase liquidity. The company's CEO, Aaron Halfacre, emphasized that the proposal is an administrative function and not aimed at significantly increasing the share price to levels that would be unfriendly to retail investors.
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