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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

BIZARRE: Cineverse sets 1 for 20 reverse stock split - What They Never Told You

Cineverse

Reacting to is plunging share price, the board of Cineverse approved at 1 for 20 reverse stock split.

The company noted that the split would increase the price of its outstanding shares and enable it to meet the listing requirements of the Nasdaq Capital Market and continue to trade under the symbol CNVS.

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