Dear valued User,
We work with different types of advertisers. Some of them include gambling, investment schemes, High Yield Investment Program, Cryptocurrency, and Alcohol or tobacco etc. In no way or form are we endorsing these products/services. Please utilize them at your own risk, religious/country rules and requirements. Whatever you chose to follow, invest or gain please do at your own risk and free will. Thank You, ES Management
Market Cap: $885,560,528,999
24h Vol: $60,842,178,675
Cryptocurrencies: 4547
Markets: 59837
Cryptocurrencies: 4547
Markets: 59837
Market Cap: $885,560,528,999     
24h Vol: $60,842,178,675
Cryptela | ESFaucets logo
Seeking Alpha 2022-05-24 07:48:51

HIVE Blockchain Technologies announces 1-for-5 share consolidation



HIVE Blockchain Technologies (NASDAQ:HIVE) board approved to effect a share consolidation of its shares at the ratio of 1-for-5, effective May.24. The objective of the share consolidation is to efficiently allocate shareholder capital. The company shares will trade on the TSXV and Nasdaq on a post-Consolidation basis under the same symbol, effective May 24, 2022. The consolidation will reduce the number of shares issued and outstanding from ~411.21M to ~82.24M shares. Consequently, the number of listed HIVE Warrants outstanding shall not be altered; however holders of HIVE Warrants will be entitled to receive one post-Share consolidation common share upon exercising five HIVE Warrants upon the payment of an adjusted price of CAD$30.00.

Latest News

Videos

  • All About Blockchain Secrets

  • What is Cardano (ADA)?

  • How to Buy LTC with Binance Mobile

  • What is Cryptocurrency?