Ohmyhome Ltd Announces Effective Date of Reverse Stock Split
Portfolio Pulse from
Ohmyhome Ltd. (NASDAQ: OMH) announced a 1-for-10 reverse stock split effective March 10, 2025. The split was approved by shareholders and will adjust the trading of ordinary shares under the same ticker symbol.
March 06, 2025 | 1:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Ohmyhome Ltd. is implementing a 1-for-10 reverse stock split, effective March 10, 2025. This action consolidates shares, potentially impacting stock liquidity and price.
The reverse stock split consolidates shares, which can lead to a higher stock price per share but may reduce liquidity. The market's reaction can vary, making the short-term impact uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100