Greenland Mines announces 1-for-50 reverse stock split effective Aug. 24
GRML•Reverse stock split effective Aug. 24
Greenland Mines will execute a 1-for-50 reverse stock split, effective 12:01 a.m. ET on Aug. 24, 2026.
Shares are expected to trade on a post-split basis at the start of trading on Aug. 24 under ticker GRML.
The move targets Nasdaq minimum bid-price compliance, aiming to reset the capital structure for the company’s next development stage.
Outstanding shares are expected to drop to about 3,177,012 from about 158,850,637, subject to rounding.
Post-split shares will carry a new CUSIP: 49876K202.
