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Castor Maritime's Board Approves 1-for-10 Reverse Stock Split
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Castor Maritime's Board Approves 1-for-10 Reverse Stock Split
Mar 22, 2024 1:36 PM

04:20 PM EDT, 03/22/2024 (MT Newswires) -- Castor Maritime ( CTRM ) said Friday its board approved a 1-for-10 reverse stock split of company shares to comply with Nasdaq's minimum bid price requirement.

Castor will start trading on a split-adjusted basis on Wednesday.

The company's shares fell 3.1% in recent after-hours activity.

Price: 0.39, Change: -0.01, Percent Change: -3.13

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