From Financial Modeling Prep: 2024-11-21 01:00:04

LuxUrban Hotels Inc. (Nasdaq: LUXH) in Miami, Florida, will undergo a 70 for 1 reverse stock split on November 20, 2024, to enhance its Nasdaq profile and attract investors. Shareholders approved the split to reduce shares from 151.85 million to 2.17 million, aiming to increase stock price and support growth with waived share limitations.



Read more at Financial Modeling Prep:: LuxUrban Hotels Inc. (Nasdaq: LUXH) Announces Reve…