Rubico taking action to maintain Nasdaq listing
Key takeaways
- Rubico taking action to maintain Nasdaq listing
- Athens-based tanker company Rubico is cutting the number of its shares to boost the stock price on the Nasdaq exchange in New York.
- The Evangelos Pistiolis-controlled owner of two suezmaxes was spun off from Top Ships last year.
- The company said the reverse stock split will be effective when trading begins on Thursday.
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Athens-based tanker company Rubico is cutting the number of its shares to boost the stock price on the Nasdaq exchange in New York.
The Evangelos Pistiolis-controlled owner of two suezmaxes was spun off from Top Ships last year.
The company said the reverse stock split will be effective when trading begins on Thursday.
Original publication
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