- Stronghold Digital Mining (NASDAQ:SDIG) will effect a 1-for-10 reverse stock split that will become effective on May 15, 2023.
- The stock will begin trading on a split-adjusted basis when the market opens on May 16, 2023.
- The reverse split will increase the per share market price of the stock and bring the company into compliance with the minimum bid price requirement for maintaining its listing on Nasdaq.
- The stock price is down 7% on Monday.
Stronghold Digital Mining will effect 1-for-10 reverse stock split
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| Symbol | Last Price | % Chg |
|---|---|---|
| SDIG | - | - |
| Stronghold Digital Mining, Inc. | ||