Presurance Holdings approved a 7-for-1 reverse stock split of its common stock, reducing authorized shares from 700 million to 100 million. The move is typical for companies seeking to increase per-share price and maintain Nasdaq listing compliance.
Presurance Holdings approved a 7-for-1 reverse stock split of its common stock, reducing authorized shares from 700 million to 100 million. The move is typical for companies seeking to increase per-share price and maintain Nasdaq listing compliance.