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21:52
According to documents submitted to the U.S. Securities and Exchange Commission (SEC), Origin Materials Inc. announced on March 4 that its board of directors has officially approved a 1-for-30 reverse stock split plan.
The plan is scheduled to take effect officially on March 19, 2026. This reverse stock split aims to adjust the number of outstanding common shares of the company. Specifically, every 30 issued common shares will be consolidated into 1 new common share. This move will not change shareholders' ownership percentages in the company, but will correspondingly reduce the total number of the company's common shares.
21:43
Escalating war intensifies economic concerns, SRT sales costs may rise
The SRT issuance costs for European and American banks are expected to rise. Among them, for European banks, the ratio of costs to capital relief benefits is projected to increase from 11% in 2025 to 14% by 2027. Out of 36 surveyed banks, 24 believe that economic uncertainty will drive up SRT costs. More than two-thirds of investors see this as a factor prompting demands for higher returns.
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