Wallbox (NYSE: WBX) today announced that it is expected to implement a 20-for-1 reverse stock split of all classes of the Company’s ordinary shares. The reve ...

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The reverse stock split is a purely technical exchange transaction with no direct impact on the total value of the Company’s shares held by each shareholder.

What Happened: “Ok fine maybe we’ll do a social app,” Altman posted on X, adding, “lol if facebook tries to come at us and we just uno reverse them it would be so funny.” ...

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CMCT common stock has been assigned a new CUSIP number of 125525527 that will be effective upon completion of the Reverse Stock Split at the Effective Time.

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A reverse stock split consolidates the number of existing shares of corporate stock into fewer—and proportionally more valuable—shares.