Electra Battery Materials Corp (TSE:ELBM) has released an update.
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Electra Battery Materials Corp has announced a reverse share split to meet Nasdaq’s minimum bid price requirement and attract more investors. The reverse split will reduce the number of outstanding shares and is planned to take effect at the close of business on December 31, 2024, with trading on a post-split basis starting January 2, 2025.
For further insights into TSE:ELBM stock, check out TipRanks’ Stock Analysis page.