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Zapp Electric Vehicles Group to Implement 1-for-20 Reverse Stock Split
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Zapp Electric Vehicles Group to Implement 1-for-20 Reverse Stock Split
Apr 16, 2024 2:58 PM

05:35 PM EDT, 04/16/2024 (MT Newswires) -- Zapp Electric Vehicles Group ( ZAPP ) said Tuesday it will implement a one-for-20 reverse stock split after the market closes on Monday.

Shares will begin to trade on a split-adjusted basis on April 23, the company added.

The reverse stock split was approved by the company shareholders at the annual meeting on Thursday, according to Zapp.

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