Luokung Technology (LKCO) Announces 1:8 Reverse Share Split

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Luokung Announces 8-to-1 Share Combination

September 12, 2024 4:15 PM EDT

BEIJING, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Luokung Technology Corp. (NASDAQ: LKCO) (Luokung, we, our or the Company), a British Virgin Islands company, reported that it expects to implement a 8-to-1 share combination on its ordinary shares effective Tuesday, September 17, 2024, with trading to begin on a split-adjusted basis at the market open on that day. Trading in the ordinary shares will continue on the Nasdaq Capital Market under the symbol LKCO. The new CUSIP number for the ordinary shares following the share combination is G56981 114.

Upon the effectiveness of the share combination, every 8... More