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Shift Technologies announces 1-for-10 reverse stock split

Inverted Trend, Opposite Movement. New trends in business. movement against. Disruption and technology transformation concept , move opposite red arrow on white background.

Pavel Muravev

  • Shift Technologies (NASDAQ:SFT) announced that it will effect a 1-for-10 reverse stock split of its Class A common stock, par value $0.0001 per share, effective Mar.8, 2023.
  • It will continue to trade under the same symbol.
  • The split is mainly for the company to regain compliance with the minimum bid price requirement for maintaining its listing on Nasdaq.

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Comments (2)

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Tao Jaxx profile picture
Used car dealer calls itself "Technologies".
IPO's at $98.
Goes to $1 over time.
End of Story.
PianoCat profile picture
Wow I really thought this went up 768% in one day.


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