noco-noco Shares Set to Reverse Split on Friday, December 20th (NASDAQ:NCNC)

Shares of noco-noco Inc. (NASDAQ:NCNC) are going to reverse split before the market opens on Friday, December 20th. The 1-50 reverse split was announced on Thursday, October 17th. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, December 19th.

noco-noco Stock Performance

Shares of NCNC stock opened at $0.10 on Wednesday. noco-noco has a 12-month low of $0.08 and a 12-month high of $0.37. The firm’s 50 day moving average is $0.21 and its 200 day moving average is $0.19.

noco-noco Company Profile

noco-noco Inc operates as an early-stage decarbonization solution provider in Asia. The company engages in manufacturing and leasing battery products, including batteries and BEVs to commercial transportation companies, and of ESS to renewable power plants and other power plants requiring grid stabilization and backup power; and the provision of carbon abatement solutions for landowners and carbon credit sales.