Rhea-AI Summary
Sino Green Land Corp. (OTCPK: SGLA) announced a one-for-five hundred reverse stock split effective May 18, 2022. This split will reduce the number of outstanding common shares significantly, but stock ownership percentages for shareholders will remain unchanged. The company filed a Certificate of Amendment with the State of Nevada following stockholder approval on November 24, 2021. The reverse split also affects preferred stock, reducing outstanding shares from approximately 730 million to about 1.46 million. EQ Shareowner Services will manage the exchange process for stockholders.
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FAQ
What is the current stock price of Sino Green Land (SGLA)?
Sino Green Land (SGLA) last closed at $0.5200.
What is the market cap of Sino Green Land (SGLA)?
The market cap of Sino Green Land (SGLA) is approximately $108.3M.