SavMobi Technology Inc (SVMB) has released an update to notify the public and investors about corporate charter and bylaws modifications.
Jingbo Technology, Inc., formerly known as Savmobi Technology, Inc., announced a significant corporate transformation that includes a name change and a reverse stock split. The changes, effective February 9, 2024, are recognized by the Financial Industry Regulatory Authority (FINRA) and will see the company’s stock initially trade under the new ticker “SVMBD” on the OTC Pink Market. After 20 business days, the ticker will revert to “SVMB.” This strategic move aims to enhance the company’s market position and appeal to investors in the OTC marketplace.
For further insights into SVMB corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
