SharpLink Gaming (SBET) said Thursday it will implement a 1-for-12 reverse stock split in an effort to regain compliance with Nasdaq listing rules.
The shares will begin trading on a split-adjusted basis on May 6, the company said.
SharpLink Gaming shares were up 8.1% in recent trading.
Price: 0.28, Change: +0.01, Percent Change: +3.24
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