Shineco inc

The reverse stock split is expected to become effective on February 16, the "Effective Date"shineco inc, and the shares are expected to begin trading on the split-adjusted basis on the Nasdaq Stock Exchange "Nasdaq" under the Company's existing trading symbol "SISI" at the market open on February 16, shineco inc, On the Effective Date, every 10 issued shineco inc outstanding shares of the Company's Common Stock will be converted automatically into one share of the Company's Common Stock without any change in the par value per share. Immediately after the reverse stock split, each stockholder's percentage ownership interest in the Company and proportional voting power will remain unchanged, except for minor changes and adjustments that will result from the rounding up of shineco inc fractional shares to the next whole number of shares. The rights and privileges of the holders of shares of Common Stock will be substantially unaffected by the reverse stock split.

Symbol Directory. Shineco, Inc. The reverse stock split will become effective on Friday, February 16, Email Alert Subscriptions: Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives.

Shineco inc

Forgot password? Don't have an account? Sign Up! Already have an account? A Leap Forward in Laundry: Tide launches a revolutionary new tile A reverse stock split is a strategic move that companies use to boost their share price, often to meet exchange listing requirements. In the case of Shineco Inc. This is a critical maneuver to prevent delisting, which can severely affect a company's ability to raise capital and maintain investor confidence. From a financial perspective, the reverse split does not inherently change the company's market capitalization, as it is effectively a cosmetic change. However, it can lead to a perceived increase in the stock's value, potentially attracting institutional investors who might have restrictions against purchasing stocks below a certain price. Conversely, it may also signal underlying issues to the market, leading to potential skepticism among investors. Post-split, the stock's liquidity might be affected due to the reduced number of shares available for trading, which can result in higher volatility. Investors should monitor the stock's performance closely post-split to gauge the market's reaction to this strategic decision. Reverse stock splits are not uncommon in the market and can be seen across various sectors. For Shineco, this move is a tactical response to Nasdaq's compliance requirements.

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Shineco inc

The COVID and Monkeypox detection reagents are two examples of POCT, which provide quick, simple, efficient, and affordable detection methods and may become widely adopted in the fast-growing market. Marvin Liu, the founder and Chairman of CBP, received his medical degree from the Peking Union Medical College, the most prestigious medical college in China, and had his post-doctoral training at Dartmouth College in the United States and is a national leading expert in the biomedical industry of China. Under his leadership, CBP has developed 16 categories of 55 products in the field of rapid diagnostics within just a few years, and established an ISO certified manufacture facility and quality control system for related products, as well as the following POCT related technology platforms: colloidal gold immunoassay, fluorescence immunoassay, and loop-mediated isothermal amplification LAMP nucleic acid detection. Advanced technological innovation is the CBP's business strategy and development pursuit. So far, CBP has 38 issued patents and pending patents, and among these patent technologies, 6 home tests, 5 fluorescent tests, and 1 medical device have been developed. All of the products with huge market potential worldwide are designed for the use of clinical diagnosis and rapid screening of the most common diseases. Recently, many countries promoted at-home self-test products due to the escalating demand for COVID testing. The usage demand of POCT products has changed and shown a trend toward self-testing, and we expect the market volume will be significantly higher than expected. Personal healthcare has also been increasingly important in China to meet the increasing demands of the health-conscious and aging population. China has a huge market with a large population base, rapid economic growth and an increasingly aging population.

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Show more Personal Finance link Personal Finance. Trending News. To learn more, visit: business. Add to a list Add to a list. Shineco encourages you to review other factors that may affect its future results in its filings with the Securities and Exchange Commission. For Shineco, this move is a tactical response to Nasdaq's compliance requirements. Indizes Indexliste. Erneuerbare Energien. Jun Hier klicken. Alle Aktienempfehlungen. Do shareholders need to take any action for the reverse stock split? Price USD 1. Immediately after the reverse stock split, each stockholder's percentage ownership interest in the Company and proportional voting power will remain unchanged, except for minor changes and adjustments that will result from the rounding up of any fractional shares to the next whole number of shares. Nevertheless, the company's future ability to attract new investors and maintain a stable share price will largely depend on its fundamental performance and market sentiment.

Immediately after the reverse stock split, each stockholder's percentage ownership interest in the Company and proportional voting power will remain unchanged, except for minor changes and adjustments that will result from the rounding up of any fractional shares to the next whole number of shares. The rights and privileges of the holders of shares of Common Stock will be substantially unaffected by the reverse stock split.

Additionally, the reverse split does not impact the rights and privileges of the current shareholders, which is a positive sign for investor relations. Xiao Hui Wang td:not. Show More. The current collection method is not very convenient Show more Opinion link Opinion. What is Shineco, Inc. Add to Your Watchlists New watchlist. Ad hoc-Mitteilungen. Conversely, it may also signal underlying issues to the market, leading to potential skepticism among investors. Top Premarket Gainers.