Je cleantech holdings limited announces share consolidation/reverse stock split to regain nasdaq compliance

Singapore, oct. 13, 2023 (globe newswire) -- je cleantech holdings limited (nasdaq: jcse) announced today that it will effect a share consolidation (“reverse stock split”) of its ordinary shares at a ratio of 1-for-3, effective as of 11:59 pm on october 13, 2023 (the “effective time”), in order to regain compliance with the minimum $1.00 bid price per share requirement of nasdaq's marketplace rule 5450(a)(1). the company's ordinary shares are expected to begin trading on a reverse stock split adjusted basis on nasdaq as of the open of trading on october 16, 2023,  under the existing ticker symbol “jcse.”
JCSE Ratings Summary
JCSE Quant Ranking