BAODING, China, June 27, 2022 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSEAmerican:ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, announced today that, its Board of Directors has approved a reverse stock split of its common stock, par value $0.001 per share (the "Common Stock") at a ratio of 1-for-10 (the "Reverse Stock Split"). The Reverse Stock Split is expected to become effective on July 7, 2022 (the "Effective Date"), and the shares are expected to begin trading on the split-adjusted basis on the NYSE American under the Company's existing trading symbol "ITP" at market open on July 8, 2022, upon NYSE American's approval. The new CUSIP number following the Reverse Stock Split will be46527C 209.
Read more at prnewswire.comIT Tech Packaging, Inc. Announces Reverse Stock Split
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