188bet sports betting app download stock split plan approved,No change in total stock value

Big accommodation Author of this article: Sina Technology 2020-10-26
Tuesday, US time,Shareholders’ accounts will reflect this change。

Reportedly,188bet sports betting app download intends to split its stock before IPO。Internal email display,188bet sports betting app download told some shareholders,The board of directors has approved the plan to split 1 share into 2 shares,Tuesday, US time,Shareholders’ accounts will reflect this change。

The email also said,Compared to the last time a compensation report was filed with the Internal Revenue Service,Stock valuation climbed 10.4%。According to insiders,The increase mentioned by 188bet sports betting app download is compared with the end of the second quarter。

Before spin-off,As of September 30th,188bet sports betting app download stock valuation is 69 per share.USD 76,Last time ended at 63.。After spin-off,188bet sports betting app download common stock valuation as of September 30 is 34.USD 88。

188bet sports betting app download prepares for IPO this year,Financing up to US billion。Reduced stock price for IPO investors after stock split,Double the number of shares held by existing shareholders,But the total value of all stocks has not changed。

*Source of this article: Sina Technology,Original title:188bet sports betting app download stock split plan approved, total stock value unchanged》.

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