WebApr 20, 2024 · Reverse Stock Split: It is now effectively impossible for CTRM to regain compliance with NASDAQ listing standards before NASDAQ's deadline of 6/28 other than by a reverse stock split. While a ... WebReverse split is bad . The company is using our investments and trying to grow too quickly . This stock is not going to double any time fast . 2-5 years , you’ll be good . Anything before that, and you won’t be gaining much . For that reason , I will be out soon , as I’m sure I’m not the only one . This stock got hyped too much .
Castor Maritime Inc. Announces Reverse Stock Split to be ... - Yahoo!
Web-CTRM must trade at or above $1 by market close for 10 consecutive business days. -If 10 consecutive days is not met, the clock resets and minimum bid price requirement can be attempted again until expiration of the 180 day compliance period. -A reverse split is acceptable method to regain compliance. WebJan 5, 2024 · On November 14, 2024, Castor, in its capacity as our sole shareholder, authorized our Board to effect one or more reverse stock splits of our common shares issued and outstanding at the time of ... bio health india
Castor Maritime Inc Stock News (CTRM) - Page 3 - Public.com
WebMay 24, 2024 · Shares of Castor Maritime ( CTRM 1.60%) plunged 14.2% on Monday after the shipping company said it would conduct a 1-for-10 reverse stock split. So what The … WebMay 21, 2024 · To satisfy compliance with Nasdaq's $1 minimum bid price, Castor Maritime (NASDAQ: CTRM) announces a 1-for-10 reverse stock split of its common shares. The shares will begin trading on a... WebMay 27, 2024 · With CTRM stock set to execute a reverse split on Friday, shares are likely to remain under pressure in the near term. The post Castor Maritime's Reverse Split Sets the Stage for Further Declines appeared first on InvestorPlace. 2024-05-27T16:04:31.000Z. 2024-05-27T16:04:31.000Z. 7. 0. biohealth ginger