QT Imaging announces plans to relist on Nasdaq

Published 3 weeks ago Neutral
QT Imaging announces plans to relist on Nasdaq
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* QT Imaging Holdings (OTC:QTIH [https://seekingalpha.com/symbol/QTIH]) said on Monday it has applied to relist its shares on the Nasdaq Capital Market and will implement a 3-for-1 reverse stock split effective after market close on October 23.
* The move is aimed at meeting Nasdaq’s $4 minimum share price requirement.
* Post-split shares will begin trading on a split-adjusted basis on Oct. 24 under the ticker “QTIH.”
* The reverse split will reduce the company’s outstanding shares to about 11.9 million from 35.7 million.
* QTIH +2.17% after hours to $2.35.
* Source: Press Release [https://seekingalpha.com/pr/20272421-qt-imaging-announces-plans-to-relist-on-nasdaq]

MORE ON QT IMAGING HOLDINGS

* Seeking Alpha’s Quant Rating on QT Imaging Holdings [https://seekingalpha.com/symbol/QTIH/ratings/quant-ratings]
* Historical earnings data for QT Imaging Holdings [https://seekingalpha.com/symbol/QTIH/earnings]
* Financial information for QT Imaging Holdings [https://seekingalpha.com/symbol/QTIH/income-statement]