Mathematics, 25.10.2021 21:30 kianajackson9828
Versant Corporation executed a 1-for-10 reverse split on
August 22. At the time, the corporation had 35,608,800 shares
outstanding and the pre-split price per share was $0.41.
a. How many shares were outstanding after the split?
b. What was the post-price per share after the split?
c. Show that this split was a monetary non-event for the
corporation.
Answers: 2
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Versant Corporation executed a 1-for-10 reverse split on
August 22. At the time, the corporation h...
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