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Polestar announces 1-for-30 reverse stock split to maintain Nasdaq listing
On November 14, Sweden-based Polestar announced it would conduct a 1-for-30 reverse stock split of its American Depository Shares (ADS) as it seeks to avoid a Nasdaq delisting.
The reverse split, which consolidates multiple shares into fewer, will not change the value of investors' overall holdings but can mechanical....
The reverse split, which consolidates multiple shares into fewer, will not change the value of investors' overall holdings but can mechanical....
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