Jupiter Wellnes Sets July 7, 2023, As Record Date For Spin-Off And Distribution Of Shares Common Stock Of SRM Entertainment
Portfolio Pulse from Benzinga Newsdesk
Jupiter Wellness has set July 7, 2023, as the record date for the spin-off and distribution of shares of common stock of SRM Entertainment. The distribution is expected to be paid on or about July 12, 2023.
June 27, 2023 | 9:43 pm
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Jupiter Wellness's announcement of the spin-off and distribution of SRM Entertainment shares could potentially impact its stock price.
Spin-offs often lead to changes in a company's stock price. However, the direction of the change can be unpredictable and depends on various factors, including the market's perception of the spin-off's value. Therefore, while this news is highly relevant to JUPW, its impact on the stock price is uncertain at this time.
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