Wire
Hitek Global to Implement 1-for-25 Reverse Stock Split
Hitek Global (HKIT) said Wednesday it will implement a 1-for-25 reverse stock split of its class A ordinary shares.The company said its shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market on July 6 under the existing HKIT ticker symbol.Shares were down over 17% in early Wednesday trading.Price: $0.23, Change: $-0.05, Percent Change: -17.61%
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