J-Long to Implement 1-for-10 Reverse Stock Split-February 2024-www.financetom.com

J-Long to Implement 1-for-10 Reverse Stock Split

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J-Long to Implement 1-for-10 Reverse Stock Split

Nov 22, 2024 8:46 AM

11:17 AM EST, 11/22/2024 (MT Newswires) -- J-Long Group ( JL ) said Friday it will implement a one-for-10 reverse split of its ordinary shares to regain compliance with Nasdaq's minimum $1 bid price per share requirement for continued listing.

The split will take effect on Dec. 3 and the company's shares are expected to begin trading on a split-adjusted basis on Dec. 4, it said.

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