Expion360 Inc. (NASDAQ:XPON) stock is trading lower after the company announced Monday it authorized a 1-for-100 reverse stock split.
The Details: The purpose of the reverse stock split is to help the Company meet the minimum bid price requirement needed to maintain its Nasdaq listing.
The Reverse Stock Split is scheduled to become effective at 5:00 p.m. Pacific Time on October 8. Shares of Expion360 will begin trading on a split-adjusted basis when the market opens on October 9.
How To Buy Expion360 Stock
By now you're likely curious about how to participate in the market for Expion360 (NASDAQ:XPON) – be it to purchase shares, or even attempt to bet against the company.
Buying ...