Hempacco announces a 1-for-10 reverse stock split.

Hempacco Co., Inc. announces a 1-for-10 reverse stock split, reducing its authorized shares of common stock from 200 million to 20 million. The decision, approved by the Board of Directors on February 20, is expected to be effective from March 13, 2024. As a result, every 10 pre-split shares will combine into one new share, reducing outstanding shares from 31.4 million to approximately 3 million.

March 08, 2024
5 Articles