Welcome to our dedicated page for SCTCD news (Ticker: SCTCD), a resource for investors and traders seeking the latest updates and insights on SCTCD stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SCTCD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SCTCD's position in the market.
ScoutCam has announced a 1-for-9 reverse stock split effective August 9, 2021. This action aims to reduce the number of outstanding shares and adjust stock options accordingly. After the split, shares will trade under the symbol SCTCD for 20 business days before reverting to SCTC. The authorized shares remain at 300 million, while the number of outstanding shares will decrease proportionately. Shareholders holding physical certificates will receive instructions for exchanging their shares. The company is focused on advanced visual solutions for various industries.
