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A zero-revenue public company tried to copy Michael Saylor to avoid delisting, but its stock immediately crashed 25%

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A zero-revenue public company tried to copy Michael Saylor to avoid delisting, but its stock immediately crashed 25%

The company plans 51.6 million new shares against fewer than 5 million outstanding, while any Nasdaq cure remains conditional. The post A zero-revenue public company tried to copy Michael Saylor to avoid delisting, but its stock immediately crashed 25% appeared first on CryptoSlate.

Key Takeaways

  1. The company plans 51.6 million new shares against fewer than 5 million outstanding, while any Nasdaq cure remains conditional.
  2. The post A zero-revenue public company tried to copy Michael Saylor to avoid delisting, but its stock immediately crashed 25% appeared first on CryptoSlate.
  3. Read the full article for additional context and details.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.