Coeptis Therapeutics Announces Reverse Stock Split
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Coeptis Therapeutics Holdings, Inc. announced a 1-for-20 reverse stock split of its common stock, following board and majority stockholder approval. This move is part of a strategy to adjust the company's stock structure.
December 27, 2024 | 1:30 pm
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Coeptis Therapeutics is implementing a 1-for-20 reverse stock split to adjust its stock structure, which may impact its stock price and market perception.
Reverse stock splits often lead to a decrease in stock price due to perceived financial instability or attempts to meet listing requirements. This action by Coeptis Therapeutics may lead to short-term negative sentiment among investors.
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