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Micron Solutions Inc - MICR STOCK NEWS

Welcome to our dedicated news page for Micron Solutions (Ticker: MICR), a resource for investors and traders seeking the latest updates and insights on Micron Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Micron Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Micron Solutions's position in the market.

Rhea-AI Summary
Micron Solutions, Inc. (MICR) announced a 1-for-1,000 reverse stock split followed by a 1,000 to 1 forward stock split. The company's common stock has been assigned a new CUSIP number. Stockholders owning fewer than 1,000 shares will receive a cash payment in lieu of fractions of shares. The stock splits were approved by stockholders and the board of directors.
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End-of-Day
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Rhea-AI Summary
Micron Solutions, Inc. announces a 1-for-1,000 reverse stock split followed by a 1,000 to 1 forward stock split. The stock splits will be enacted through amendments to the Company's Certificate of Incorporation. The process is expected to be completed within Q4 2023. The Company's Common Stock is expected to continue to be quoted on the OTC Pink Markets but will no longer be publicly traded after the stock splits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.15%
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Rhea-AI Summary
Micron Solutions, Inc. announces proposal to enact stock splits, subject to shareholder approval and regulatory processes. The stock splits include a 1-for-1,000 reverse stock split followed by a 1,000 to 1 forward stock split. The primary purpose of the stock splits is to reduce costs and eliminate public reporting. Shareholders holding fewer than 1,000 shares will receive a cash payment of $1.50 per share. The stock splits are expected to be completed by the end of October 2023. The company's common stock is expected to be quoted on the OTC Pink Markets but will no longer be traded on the OTC Markets.
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57.86%
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-3.68%
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Rhea-AI Summary
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10.8%
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2.37%
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8.06%
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0.82%
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buyback
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6.49%
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management
Rhea-AI Summary
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-11.71%
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Micron Solutions Inc

OTC:MICR

MICR Rankings

MICR Stock Data

4.73M
2.62M
0.63%
Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
Professional, Scientific, and Technical Services
Link
US
Fitchburg