KXIN to Implement 60-to-1 Reverse Stock Split on October 25, 2024

Oct 23, 2024

Kaixin Auto Holdings (KXIN, Financial) has announced a reverse stock split that will take effect on October 25, 2024. This corporate action will consolidate every 60 shares of the company's common stock into one share. The newly adjusted shares are expected to begin trading on the same day.

As of the latest update, KXIN's share price has fallen by 5.41% in pre-market trading, currently standing at $0.1485.

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