HWH International Inc. Announces Reverse Stock Split
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HWH International Inc. announced a 1-for-5 reverse stock split effective February 24, 2025. The stock will trade on a split-adjusted basis under the symbol 'HWH'.
February 20, 2025 | 2:00 pm
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HWH International Inc. is implementing a 1-for-5 reverse stock split effective February 24, 2025. This action will reduce the number of shares outstanding and is often used to increase the stock price.
The reverse stock split will consolidate shares, potentially increasing the stock price per share. This is a common strategy to meet listing requirements or improve market perception. However, it does not change the company's market capitalization.
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