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Stem Holdings Inc - STMH STOCK NEWS

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

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 Stem Holdings'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 Stem Holdings's position in the market.

Rhea-AI Summary
Stem Holdings, Inc. (OTC Pink: STMH CSE: STEM) announces a clarification regarding the effective date of the reverse share split previously announced on February 1, 2024. The shares of common stock of the Company will commence trading on a post-consolidated basis on February 6, 2024. Any trades of Common Shares on the CSE prior to February 6, 2024 will be reflected on a pre-consolidated basis. No additional action is required from investors with deposited common stock of the Company.
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End-of-Day
-28%
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Rhea-AI Summary
Stem Holdings, Inc. announced the effectiveness of its one for 100 reverse stock split, approved by shareholders and the Board of Directors. The company's Common Stock will continue to trade under the symbol STMH on the OTC Pink Sheets and STEM on the CSE. The reverse split will convert the company's 557,999,222 shares into 5,579,992 post-split shares, with all fractional interests rounded up to the nearest whole share. Investors with deposited Company common shares will have their shares automatically converted to shares of Stem by Depository Trust Company and brokerage firms, with no additional action required. Registered shareholders needing to contact the transfer agent should submit an online ticket at https://odysseytrust.com for service.
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300%
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Rhea-AI Summary
Stem Holdings, Inc. (STMH) announces the approval of the 8.00% unsecured convertible debentures' holders to amend the terms, repricing the conversion price and allowing the company to force the conversion at a new price. Approximately US$2.56 million of Convertible Debentures were outstanding as of the date of the announcement.
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-25%
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3.17%
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Stem Holdings Inc

OTC:STMH

STMH Rankings

STMH Stock Data

642.12k
2.71M
3.47%
0.03%
Medicinal and Botanical Manufacturing
Manufacturing
Link
US
Boca Raton

About STMH

stem holdings, inc., together with its subsidiaries, operates as a vertically integrated cannabis operating company. it purchases, improves, leases, operates, and invests in properties for use in the production, distribution, and sale of cannabis and cannabis-infused products under the laws of the states of oregon, nevada, california, massachusetts, maryland, and oklahoma. as of september 30, 2020, the company had ownership interests in 22 state issued cannabis licenses, including 9 licenses for cannabis cultivation; 3 licenses for cannabis production; 5 licenses for cannabis processing; 1 license for cannabis wholesale distribution; 1 license for hemp production; and 10 cannabis dispensary licenses. stem holdings, inc. was founded in 2016 and is headquartered in boca raton, florida.