Trust Stamp (IDAI) Announces Action to Address Naked Short-Selling

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/11/2026

1. SPCX
2. HUM
3. ALHC
4. PEP
5. T
6. CVS
7. UNH
8. TMUS
9. SPY
10. SBUX

Go back to Trust Stamp (IDAI) Announces Action to Address Naked Short-Selling

Trust Stamp announces proposed action to address suspected naked short-selling

August 24, 2023 9:10 AM EDT

ATLANTA, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity CompanyTM announced that it is examining measures to address potential illegal short selling of its stock. The Company said that it believes certain individuals and/or companies may have engaged in illicit naked short selling that may have artificially depressed its stock price. Trust Stamps board will consider a number of options to address this activity including the engagement of forensic experts, as well as working with other listed companies and their counsel that have identified similar trading activity in... More