BYND Cannasoft Enterprises (BCAN) has released an update.
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Femto Technologies Inc., previously BYND Cannasoft Enterprises, has announced a 1-for-17 reverse stock split effective August 26, 2024, to comply with Nasdaq’s minimum bid price requirement. This strategic move will reduce the number of outstanding shares from about 11 million to 650,087, and is aimed at maintaining the company’s listing on The Nasdaq Capital Market.
For further insights into BCAN stock, check out TipRanks’ Stock Analysis page.
