Picocela Inc. has announced a reverse stock split at a ratio of 30 shares to 1 share, effective January 26, 2026. The move is intended to comply with NASDAQ listing requirements and avoid delisting. Fractional shares resulting from the consolidation will be aggregated and sold, with proceeds distributed to affected shareholders. The authorized number of shares will be adjusted to 4,615,224 following the split.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Picocela Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-027574), on December 12, 2025, and is solely responsible for the information contained therein.
Comments