Local Bounti and AppHarvest Plan Reverse Stock Splits for NYSE Compliance; Climate Tech Firm Skytree Raises $6M in Seed Funding
Major moves in the AgTech industry: Reverse stock splits for market compliance and funding boosts for sustainable technology development
Stock Market: Local Bounti & AppHarvest Reverse Stock Split To Regain Compliance
Local Bounti Corporation LOCL 0.00%↑ disclosed on June 14, 2023, that it would implement a reverse stock split at a 1-to-13 ratio. This action, approved by the Board and shareholders, was set into motion on June 15, 2023. It involves converting every…
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