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CETX

Cemtrex

$0.25

0.0158 (6.89%)

08:33
05/24/19
05/24
08:33
05/24/19
08:33

Cemtrex announces six-for-one reverse stock split to regain NASDAQ compliance

Cemtrex announced that effective at 9:00 a.m., EDT, on June 13, 2019, the company will effect a six-for-one reverse stock split of its outstanding common stock. The reverse stock split is primarily intended to bring the company into compliance with the minimum average closing share price requirement for maintaining its listing on the Nasdaq Capital Market. The company's common stock will continue to trade under the symbol "CETX". Upon the effectiveness of the reverse stock split, every six shares of issued and outstanding common stock before the open of business on June 13, 2019 will be combined into one issued and outstanding share of common stock, with no change in par value per share. The company's common stock will open for trading on Nasdaq on June 13, 2019 on a post-split basis. The reverse stock split will reduce the number of shares of the company's outstanding common stock from approximately 16,737,009 million shares to approximately 2,789,502 million shares. No fractional shares will be issued as a result of the reverse stock split. Any fractional shares that would result from the reverse stock split will be rounded up to the nearest whole share. The reverse stock split will affect all issued and outstanding shares of the company's common shares, as well as the number of shares of common shares available for issuance under the company's stock options and warrants. In addition, the reverse stock split will reduce the number of shares of common shares issuable upon the exercise of stock options or warrants outstanding immediately prior to the reverse split and correspondingly increase the respective exercise prices. The reverse stock split will affect all shareholders uniformly and will not alter any shareholder's percentage interest in the company's equity, except to the extent that the reverse stock split results in some shareholders experiencing an adjustment of a fractional share.

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JEC

Jacobs Engineering

$81.91

-0.47 (-0.57%)

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PBTS

Powerbridge

$3.15

-0.14 (-4.26%)

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  • 25

    Sep

TGE

Tallgrass Energy

$20.96

-0.065 (-0.31%)

, BX

Blackstone

$44.37

-0.68 (-1.51%)

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$20.96

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DPZ

Domino's Pizza

$274.74

-5.355 (-1.91%)

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SHSP

SharpSpring

$12.81

-0.03 (-0.23%)

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CAMP

CalAmp

$10.14

0.09 (0.90%)

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SAVA

Cassava Sciences

$1.34

0.095 (7.66%)

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  • 26

    Jun

HLNE

Hamilton Lane

$55.53

-1.23 (-2.17%)

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  • 26

    Sep

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CZR

Caesars

$11.43

1.44 (14.41%)

, ERI

Eldorado Resorts

$45.86

-5.36 (-10.46%)

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Downgrade
Caesars, Eldorado Resorts rating change  »

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CZR

Caesars

$11.43

1.44 (14.41%)

ERI

Eldorado Resorts

$45.86

-5.36 (-10.46%)

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AKRX

Akorn

$4.71

-0.06 (-1.26%)

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SBH

Sally Beauty

$12.30

-2.49 (-16.84%)

, AMZN

Amazon.com

$1,913.43

3.01 (0.16%)

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Sally Beauty

$12.30

-2.49 (-16.84%)

AMZN

Amazon.com

$1,913.43

3.01 (0.16%)

ULTA

Ulta Beauty

$346.52

-9.25 (-2.60%)

EL

Estee Lauder

$183.95

2.65 (1.46%)

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SBH

Sally Beauty

$12.30

-2.49 (-16.84%)

, AMZN

Amazon.com

$1,913.43

3.01 (0.16%)

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Sally Beauty, Amazon.com analyst commentary  »

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SBH

Sally Beauty

$12.30

-2.49 (-16.84%)

AMZN

Amazon.com

$1,913.43

3.01 (0.16%)

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  • 25

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FB

Facebook

$192.56

1.4 (0.73%)

, CZR

Caesars

$11.43

1.44 (14.41%)

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FB

Facebook

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CZR

Caesars

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D

Dominion

$79.22

0.88 (1.12%)

MNK

Mallinckrodt

$8.42

-0.54 (-6.03%)

NCLH

Norwegian Cruise Line

$50.84

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KPTI

Karyopharm

$6.35

-0.085 (-1.32%)

LAUR

Laureate Education

$15.00

-0.365 (-2.38%)

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PCRX

Pacira

$43.14

-0.82 (-1.87%)

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PLYA

Playa Hotels & Resorts

$7.40

-0.33 (-4.27%)

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ALDX

Aldeyra

$7.08

-0.29 (-3.93%)

07:33
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Aldeyra to host conference call »

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BPMX

BioPharmX

$0.85

-0.0563 (-6.22%)

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BioPharmX announces results from Phase 2b clinical trial of BPX-041 »

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  • 10

    Jul

MEET

Meet Group

$3.31

-0.265 (-7.42%)

, AAPL

Apple

$198.60

-0.17 (-0.09%)

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MEET

Meet Group

$3.31

-0.265 (-7.42%)

AAPL

Apple

$198.60

-0.17 (-0.09%)

GOOG

Alphabet

$1,115.75

-6.63 (-0.59%)

GOOGL

Alphabet Class A

$1,117.00

-8.17 (-0.73%)

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  • 09

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    Oct

AKRX

Akorn

$4.71

-0.06 (-1.26%)

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Breaking Hot Stocks news story on Akorn »

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KRYS

Krystal Biotech

$41.15

11.87 (40.54%)

07:30
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Recommendations
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  • 25

    Jun

ETFC

E-Trade

$44.57

-1.66 (-3.59%)

07:30
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Options
Unusual put flow in option market yesterday »

Notable put activity was…

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  • 06

    Aug

ALDX

Aldeyra

$7.08

-0.29 (-3.93%)

07:30
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Hot Stocks
Breaking Hot Stocks news story on Aldeyra 

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KHC

Kraft Heinz

$30.51

-0.98 (-3.11%)

07:26
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06/25
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07:26
Periodicals
Buffett denies reports of tension between him, 3G over Kraft Heinz, CNBC reports »

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TSLA

Tesla

$223.66

1.76 (0.79%)

07:26
06/25/19
06/25
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Recommendations
Tesla analyst commentary  »

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