SAIHEAT Limited Announces Effective Date of Reverse Stock Split
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SAIHEAT Limited, formerly SAI.TECH Global Corporation, announced a 1-for-15 reverse stock split of its ordinary shares, effective March 17, 2025. The shares will continue trading under the ticker symbol 'SAIH' on NASDAQ.
March 11, 2025 | 8:15 pm
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NEUTRAL IMPACT
SAIHEAT Limited is implementing a 1-for-15 reverse stock split, effective March 17, 2025. This action is likely to impact the stock's liquidity and price per share.
The reverse stock split will reduce the number of shares outstanding, potentially increasing the stock price per share. However, it may also affect liquidity and investor perception. The unchanged ticker symbol ensures continuity in trading.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100