Starbox Group Holdings Ltd. (STBX) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Starbox Group Holdings Ltd. announced shareholder approval for a significant share consolidation and capital increase. The company will consolidate its Class A, Class B, and preferred shares on a 16:1 basis, and increase its authorized share capital to $9,990,000 with new articles and memorandum of association. This strategic move aims to streamline its share structure and enhance its financial flexibility.
For further insights into STBX stock, check out TipRanks’ Stock Analysis page.
