Davis Commodities sets 20-for-1 reverse split
Davis Commodities Limited has approved a 20-for-1 reverse stock split of its Class A and Class B ordinary shares.
Rhea-AI Filing Summary
Davis Commodities Limited has approved a 20-for-1 reverse stock split of its Class A and Class B ordinary shares. Every 20 issued and unissued shares of each class will be consolidated into one share of the same class.
Any fractional share entitlements from the reverse split will be rounded up to the next whole share, so no fractional shares will be issued. The Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “DTCK” and are expected to begin trading on a split-adjusted basis when the market opens on March 9, 2026.
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FAQ
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What corporate action did Davis Commodities (DTCK) announce in this 6-K?
When will Davis Commodities (DTCK) start trading on a split-adjusted basis?
Does the Davis Commodities reverse split change the Nasdaq ticker symbol DTCK?
AI-generated analysis. How Rhea-AI works. Not financial advice.