Xspa reverse split vote 156 votes, 106 comments. Look at other reverse splits. For these actions, under the Amendments, a Delaware corporation would need: (1) the approval of the board of directors and (2) the affirmative vote of a majority of the votes cast by the stockholders entitled to vote on the matter. Learn how this decision impacts NASDAQ listing, stock value, and company future. NAKD and ONTX with huge volume after-hours will be on watch premarket. 445. (Nasdaq: XSPA) (the “Company”), a health and wellness company, today announced Jul 7, 2020 · Unless airport passenger numbers show consistent growth and revenue levels improve, XSPA stock cannot create shareholder value. As a result, any shares not voted by a customer will be treated as a Jun 10, 2020 · The reverse stock split does not have any impact on the voting and other rights of stockholders and will have no impact on the Company’s business operations or any of its outstanding People panic sell after reverse splits. 80 warning pre split for $1. Thus, the amendments do not apply to companies whose stock is not listed on a national stock exchange. A place to lose money with the help of friends and likewise degenerates. Robinhood babies will buy any contract you hand to them when their precious Hertz shares are worth two pennies and pocket lint. This strategic decision follows a staggering 341% month-over-month increase in its stock price, primarily driven by meme stock momentum. The move, announced on June 13, precedes an Extraordina Jun 2, 2025 · Leading proxy firms ISS and Glass Lewis endorse Vaxart's reverse split proposal to maintain Nasdaq listing. Is this Hertz is bankrupt. " Posted by u/mitchmav - 1 vote and 21 comments The reason why a lot of people don't think this is the reason is because xspa was on a sure course to compliance. Fast, accurate, and mobile-friendly! Jun 6, 2025 · Opendoor files preliminary proxy for reverse stock split ranging from 1:10 to 1:50 ratio. Biggest question I have is that it it shows I’m in the negative for “Margin Used” meanwhile I don’t even have Marvin spending turned on. Eastern Time. CEO reports increasing stockholder support. Stock split list Nov 6, 2024 · What was split-ticket voting's 2024 impact? Donald Trump was declared the president-elect early Wednesday after he won the Electoral College and was on track to take the popular vote. Also people are morons. then they want the option to do another reverse split if necessary. 5% lower at $0. permalink save context full comments (53) report give award Xspa reverse split approved by ravenwood35 in pennystocks Jul 17, 2025 · Lucid Motors’ (LCID) shares soared over 50% after the company secured a multi-hundred-million dollar investment from Uber to deploy robotaxis. This thread is archived New comments cannot be posted and votes cannot be cast comments sorted by Best Top New Controversial Q&A [deleted]• Additional comment actions What are your thoughts on XSPA, there voting tomorrow for a possible reverse split, any one still holding hoping to recover and gain , or thinking in to buying ? XSPA STOCK TICKERT CHANGE TO XWELL TRYING TO FOOL NEW INVESTOR WITH REVERSE SPLIT AND WARRANTS. IZEA conference this Thursday. The K 6 states, if approved they can reverse split with a year. 54K subscribers in the Webull community. Jun 6, 2025 · If, for example, 50. This approval, secured by 88% of the shares voted, is a crucial step for the clinical-stage biotech to maintain compliance with The Nasdaq Capital Market's That one share was given voting rights of 45 Billion Votes for the sole purpose of voting on Proposal number 3, a reverse split, in PLUG's upcoming shareholder meeting on July 3rd, 2025. However, if there pilot… this is how the company decided to create value. Claim your 1-week free trial to StreetInsider Premium here. Watch it crumble Reply [deleted]• Additional comment actions Yerrrrr feeyucked Reply lasfvuserr • 236 votes, 549 comments. Nov 23, 2022 · CHEK are implementing a 1:20 reverse stock split, to take effect on Friday (25th November) on the NASDAQ market. However, GNUS back up over $5 put it on your radar as we get closer to launch date June 15th. Not really. Jul 7, 2025 · Use this free Reverse Stock Split Calculator to easily find your new share count, price per share, and total value after a reverse stock split. Watch it crumble Reply [deleted]• Additional comment actions Yerrrrr feeyucked Reply lasfvuserr • The reverse stock split does not have any impact on the voting and other rights of stockholders and will have no impact on the Company’s business operations or any of its outstanding indebtedness. The company believes this action will make its stock more attractive to a broader investor base, without impacting proportional ownership. 1. That and the odd fact that it hovered ever so perfectly at ~$1. 50-1. 15 yesterday r/pennystocks • Reverse Split May 16, 2025 · Company Urges Stockholders to Vote ‘FOR’ Reverse Stock Split Proposal at Upcoming Annual Meeting to Avoid Nasdaq Delisting Leading Independent Proxy Advisory Firms, ISS and Glass Lewis, Support Proposal #2 4 days ago · The proposal to approve the reverse stock split and corresponding reduction in authorized shares received 257,601,842 votes in favor, 13,515,077 against, and 3,030,734 abstentions. . Amended and Restated Certificate of Incorporation to effect a reverse stock split of our issued and outstanding shares of Common Stock, at a ratio between 1-for-2 and 1-for-25. The reverse split is the best possible news for this company signaling actual growth and the massive buying to hold $1. Equity Corporate Actions Alert #2020 - 102 Information Regarding the Reverse Stock Split and CUSIP Number Change for XpresSpa Group, Inc. However, if there pilot… Jun 10, 2020 · As a result of the reverse stock split, every three (3) shares of the Company’s pre-reverse split Common Stock will be combined and reclassified into one (1) share of Common Stock. The reverse stock Jul 28, 2025 · The primary agenda will involve two reverse stock split proposals. I bought an option to buy XSPA for 2. I just can't believe people held on after that reverse split Like I jumped in low, made like $200, then dipped. - Reverse splits risk signaling financial distress, challenging Opendoor to frame the move as proactive rather than desperate We would like to show you a description here but the site won’t allow us. They lose money from people panic selling and tanking the price before the reverse split. 50 per share months ago. The… Got out conpletely before the reverse split because i didnt want to be stuck holding. You are correct that for every 3 shares, you will get 1. Jul 28, 2025 · Opendoor adjourns special meeting on reverse stock split to August 27 as company works to maintain Nasdaq listing. For other companies, though, proactive action in the form of a reverse stock split of its common stock is necessary. Just a little different with airport traffic way down and this having to do with helping folks in overcrowded icu’s and saving lives. Jun 6, 2025 · The reverse stock split will be implemented only if needed and if the share increase is not approved, Plug Power said. m. In a reverse stock split, a specified number of shares of the company is exchanged for one share, resulting in a higher per share price and the new price is often significantly higher than $1. Learn Trade Grind Discord: htt The reverse stock split does not have any impact on the voting and other rights of stockholders and will have no impact on the Company’s business operations or any of its outstanding indebtedness. Reverse Splits are usually a terrible sign that a company is failing to gain compliance on its own and needs to do a reverse split to stay above $1. I'm assuming it's because of the split, but I'm confused. Jun 11, 2020 · XSPA reverse split 📬 Stocks & ETFs requests regatron7 June 11, 2020, 8:15am 1 May 8, 2025 · Understand the reverse stock split meaning, its purpose, effects on investors, and why companies use it to meet listing rules or reshape share structures. We would like to show you a description here but the site won’t allow us. Bought in at . XpresSpa Announces 1-for-3 Reverse Stock Split NEW YORK, June 10, 2020 (GLOBE NEWSWIRE) -- XpresSpa Group, Inc. Processa Pharmaceuticals (PCSA) has 1 split in our Processa Pharmaceuticals stock split history database. The most recent stock split occurred on June 11th, 2020. 86 cents sold at 1. Critical vote deadline: June 1. 236 votes, 549 comments. Is this For context, we are primarily focused on the quorum and voting standards disclosure that would be included in a proxy statement that satisfies the requirements of Schedule 14A and the related proxy rules promulgated under Section 14(a) of the Securities Exchange Act of 1934 (a “Proxy Statement”) for an annual meeting at which shareholders will vote on the election of directors Jul 28, 2025 · Opendoor Technologies (OPEN) has decided to postpone its reverse stock split vote to August 27, 2025. The undersigned hereby appoints Bruce T. Shareholders to vote July 28 on Nasdaq listing preservation plan. Vote by Oct 7 to shape STSS's path forward. Reply reply iNERC • Its gone up so much before the reverse split, now they are just waiting to announce the contracts that will make it shoot up more, people are hesitant since they havent put out official PR yet Xpresspa Group Inc stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. 40 precovid are going to be that i terested in buying at $5. Ideally my last post of confusion. 1301. This was a 1 for 20 reverse split, meaning for each 20 shares of PCSA owned pre-split, the shareholder now owned 1 share. The dedicated team of Chicago business litigation attorneys at Andrew R. A reverse split just changes the structure. 5 days ago · ProMIS Neurosciences shareholders approved a proposal to effect a share consolidation, or reverse stock split, at a ratio ranging from 1-for-5 up to 1-for-25, granting the Board discretion on the final terms and timing within one year. 00 minimum requirement. I bought in at . (NASDAQ: XSPA) falls after saying to have approved reverse stock split (h/t TradeHawk) Imagine selling because the price isn't going straight up first thing in the morning on a red day after a reverse split. Jun 10, 2020 · The reverse stock split does not have any impact on the voting and other rights of stockholders and will have no impact on the Company’s business operations or any of its outstanding In this case it’s a 1-3 reverse split. 20-1. That means if you have 99 shares that are each worth $1, you will end up with 33 shares that are each worth $3 dollars. They forgot to factor in the 1 for 3 We would like to show you a description here but the site won’t allow us. A glitch or something I should look into? This thread is archived New comments cannot be posted and votes cannot be cast Robinhood Brokerage firm Financial services Financial I keep seeing people ask about the XSPA Reverse Split. Hopefully we can do good on the market tomorrow. - Reverse splits risk signaling financial distress, challenging Opendoor to frame the move as proactive rather than desperate Claim your 1-week free trial to StreetInsider Premium here. : r/XSPA r/XSPA • by albertlinares_15 View community ranking In the Top 20% of largest communities on Reddit Sep 30, 2024 · Sharps Technology urges shareholders to vote on important reverse stock split proposal. (MLGO), a developer of central algorithm solutions for digital industries, has unveiled plans for a 30-for-1 reverse stock split. The split for PCSA took place on January 22, 2024. Add your thoughts and get the conversation going. xsplit keygen, xsplit broadcaster keygen, xsplit vcam keygen XSplit 1. So many think that they were going to lose shares. (NASDAQ: XSPA) falls after saying to have approved reverse stock split (h/t TradeHawk) Jun 29, 2023 · huge volume after-hours will be on watch premarket. I am 4. BUT, definitely would fear the same exact thing with XSPA: reverse split! Jul 29, 2025 · Lucid Motors has scheduled a special shareholder meeting for August 18 to vote on the recently proposed 1:10 reverse stock split, the company said in a new regulatory filing published Monday. 99% of people are saying hold, this is a legit company with a very positive near future, tons of pr on the horizon etc. Oct 20, 2024 · The reverse stock split does not have any impact on the voting and other rights of stockholders and will have no impact on the Company’s business operations or any of its outstanding May 16, 2025 · The Company also reminded those who have previously voted against Proxy Proposal #2 that they can change their vote in favor of the proposal if their ballots are cast by the deadline of Tuesday, May 20, 2025, at 11:59 p. 35 and still holding Also still Holding amazon, fb, and Apple. 󰍸 󰤦 Stock market pirates Jun 10, 2020󰞋󱟠 󰟝 XSPA STOCK TICKERT CHANGE TO XWELL TRYING TO FOOL NEW INVESTOR WITH REVERSE SPLIT AND WARRANTS. They announced a vote for reverse split approval and a share holder meeting on 3/24/2025. 67 at the close is confirmation that big money is now in play. Nov 22, 2024 · At the meeting, Canoo is seeking approval on several measures, including its second reverse stock split of the year. If you’re going to be in this game, know terminology and mechanics of what goes on. 4 days ago · The Federal Communications Commission in a spilt vote moved forward with an order to roll back a Rosenworcel-era cybersecurity declaratory ruling ordering telecom carriers to secure their networks, with GOP members citing voluntary actions taken by industry in response to the Salt Typhoon attack. So I've been pretty upset about XSPA constant red days caused by the reverse split and the offering. Oct 8, 2024 · A reverse stock split consolidates the number of existing shares of corporate stock into fewer—and proportionally more valuable—shares. Look. Stock splits and increases of authorized shares are often needed by corporations Mar 20, 2025 · Shareholders urged to vote on crucial reverse stock split proposal by March 28 to prevent Nasdaq delisting. See full details. 25% of the outstanding common stock entitled to vote. (Nasdaq: HCTI) (“HCTI” or the “Company”), a leader in digital transformation solutions including managed services, cloud enablement, and data analytics for the healthcare and life sciences industry, today announced that it will effect a 1-for-10 reverse stock split of its common stock. Opendoor (OPEN, Financial) has clarified that even if these proposals receive approval, implementation will depend on the board of directors' assessment of the company's best interests. Customer: I have shares of HOLO. Think of it like a pizza. So you will end up with 11 shares, but the value of each share is higher since it is worth 3 shares at the original price. You only lose if you sell. 0016666666666667 XSPA shares today. 06/10/2020 Latest message board posts for butterfunger across iHubs stock market investing and crypto discussions. The reference price has been set in Israeli Shekels I think, so I am unsure what the USD equivalent will b… Oct 19, 2023 · The Amendments reduce the stockholder approval threshold for amending a Charter to effect a reverse stock split or increase the number of authorized shares. CTRM is getting shorted bro not "I feel like" and the short squeeze is the attractive risk because CTRM is undervalued on a technical basis. Let's take XWEL XpresSpa Group Inc to OTC STOCK OR BANKRUPT SAY NO TO REVERSE SPLIT if you rs again they will do offerings again and short. Article… Real time Xwell (XSPA) stock price quote, stock graph, news & analysis. I dont expect the same crowd that was buying this stock at 1. Jan 23, 2025 · A reverse stock split typically increases the price for a share of stock by consolidating outstanding shares at a ratio selected by the issuer such that, following the reverse split, each Jul 28, 2025 · - Opendoor delays reverse stock split vote to August 2025, citing market condition assessment amid Nasdaq compliance risks. : r/XSPA Get the Reddit app Scan this QR code to download the app now Or check it out in the app stores     TOPICS Gaming Sports Business Crypto Television Celebrity RESOURCES POPULAR POSTS English / Global CTRM offering just closed, and did NOT do a reverse split like XSPA. XSplit 1. XSPA reverse split. Jun 6, 2025 · On June 5, 2025, Plug Power implemented a unique corporate governance tool: it issued a single share of Series F Mirroring Preferred Stock with super voting rights for the sole purpose of magnifying the vote of common shareholders who vote on the reverse stock split proposal. Board unanimously supports measure to maintain listing status. I've seen a lot of misunderstanding about this on reddit and social media, but these are two completely separate things, what happened was that Nikola went for both in one go this time, but we've had increased authorised number of Jul 28, 2025 · - Opendoor delays reverse stock split vote to August 2025, citing market condition assessment amid Nasdaq compliance risks. at xspa most recent example and i think the other one was RTTR before the merger. So, why did Lucid just announce plans for a reverse Nov 6, 2022 · Companies also will need to consider the impact of a reverse stock split on their employee benefit plans and any outstanding stock options and other equity awards. 60 adjusted and I've lost all my hair from the stress GroupBQuattro • Jul 17, 2025 · Lucid has proposed a 1-for-10 reverse stock split, filing a preliminary proxy statement to seek shareholder approval for the measure. This thread is archived New comments cannot be posted and votes cannot be cast comments sorted by Best Top New Controversial Q&A trevandezz Let's take XWEL XpresSpa Group Inc to OTC STOCK OR BANKRUPT SAY NO TO REVERSE SPLIT if you rs again they will do offerings again and short. One XSPA share bought prior to November 30th, 2015 would equal to 0. 9M subscribers in the pennystocks community. If my dumb ass knew to cut and run early Reply reply horseradishking • XSPA STOCK TICKERT CHANGE TO XWELL TRYING TO FOOL NEW INVESTOR WITH REVERSE SPLIT AND WARRANTS. People don't lose money from a reverse split. BUY MORE SHARE AND VOTED NO TO REVERSE SPLIT. 80. (Nasdaq: XSPA) (the “Company”), a health and wellness company, today announced Today was really. 1 0 u/albertlinares_15 Just got an email to vote for some XSPA things, question 4 says "To approve a proposed amendment to the XpresSpa Group, Inc. 5% of the preferred share’s votes will be cast in favor of the reverse stock split. Took an L on Novn. Reverse split does not make available any additional shares, increasing the authorised number of shares does. 86 the. Aug 22, 2015 · Brokerage firms do not have authority to vote customers’ unvoted shares held by the firms in street name on this proposal. 00 threshold required to remain listed on major exchanges. Bernstein, Scott R. 67 for a while suggested that a whale/big investor was manipulating it, so it points more at the reasoning being for it to hit the $5 so whales and big investors can get After XSPA’s reverse split my RH account has gone all over the place. Must meet $1 minimum by November. In at 6. PLEASANTON, Calif. XpresSpa Group Inc. You won’t lose any total money on your total investment. The split is only being voted on tomorrow, if yes won’t happen til sept. 2. Webull subreddit, a commission-free, stock trading app. Shares of the EV startup lost the 2% gain achieved in the first minutes of Friday’s session, with the stock now trading 0. 22 just bought the big dip to avg down Reply dididither • Been holding XSPa since before the reverse split. u/chill19900I had ocgn at 0. Companies often use a reverse stock split, or stock consolidation, to lift their share price above the USD 1. However, I believe this $XSPA reverse split is great news for us and this is why. CTRM offering just closed, and did NOT do a reverse split like XSPA. For example, in a five-for-one reverse stock split, five shares This can be a nice play if we don't dip any lower but 70 percent of the days after the reverse split have been red. Down $1,000. True. They always drop and drop fast. So, what does this special preferred share actually do? Plug Power is asking shareholders to approve a reverse stock Jun 18, 2025 · MicroAlgo Inc. You're new, but if you had any desire to learn, you would take the initiative to Google: "xspa corporate action" then "xspa reverse split" then "define reverse split" It's quicker and much more effective to research via Google than it is to write a Reddit post. Rebought then reverse split, now avg was 5. The 3 to 1 reverse split has really caused pain and suffering for my portfolio. , May 25, 2023 (GLOBE NEWSWIRE) — Healthcare Triangle, Inc. 1501 Serial Key Keygen >>> DOWNLOAD Redeeming Your Software Keys. Regardless of that, the fact is that new airport contract PR is not only widely considered to be a guarantee at this point, but also, when it comes it will surely drive the price up. XSPA friends, we have good news! (Article linked below) We got an indirect shout-out from Mad Money's Jim Cramer. They did there split, and now are worth 4 something each. Jul 28, 2025 · Opendoor Technologies (OPEN) postponed a reverse stock split vote after a meme-fueled rally sent its stock surging, it said on Monday, easing pressure from Nasdaq's $1 listing rule. However it won't let me actually buy them now. Up 36% since then. 5% of the holders of common shares vote in favor of the reverse stock split, then 50. This thread is archived New comments cannot be posted and votes cannot be cast comments sorted by Best Top New Controversial Q&A [deleted]• Additional comment actions 20 votes, 15 comments. 72 Mara @ 1. : r/XSPA     TOPICS Amazing Animals & Pets Cringe & Facepalm Funny Interesting Memes Oddly Satisfying Reddit Meta Wholesome & Heartwarming Action Games Adventure Latest message board posts for jziggyp across iHubs stock market investing and crypto discussions. This approval, secured by 88% of the shares voted, is a crucial step for the clinical-stage biotech to maintain compliance with The Nasdaq Capital Market's May 8, 2025 · Understand the reverse stock split meaning, its purpose, effects on investors, and why companies use it to meet listing rules or reshape share structures. The move sends shockwaves through the market as investors brace for the July 2 sharehold Sep 10, 2025 · This was despite a valid quorum having been achieved with proxies representing approximately 64. Hey, today we talk about the possible reverse split happening on May 28th and whether that is a possibility and why or why not. : r/RobinHood r/RobinHood • by Cosulliv88 View community ranking 5 days ago · ProMIS Neurosciences shareholders approved a proposal to effect a share consolidation, or reverse stock split, at a ratio ranging from 1-for-5 up to 1-for-25, granting the Board discretion on the final terms and timing within one year. With the upcoming shareholder vote on the reverse stock split scheduled for July 29, we go through five key scenarios that could shape what happens next — from a vote cancellation to the worst Jul 27, 2023 · *This reduced vote only applies to stock listed on a national securities exchange and would continue to meet the listing requirement of the exchange immediately after effecting the reverse stock split. 4 days ago · The proposal to approve the reverse stock split and corresponding reduction in authorized shares received 257,601,842 votes in favor, 13,515,077 against, and 3,030,734 abstentions. reverse split, offering, offering, offering, then hold the money for 2 years and then start buying back shares at less than the offering prices. Accountant's Assistant: What specific information or clarification are you seeking regarding the reverse split and shareholder meeting for HOLO? Nov 30, 2015 · Stock split history for XpresSpa (XSPA) XpresSpa stock (symbol: XSPA) underwent a total of 3 stock splits. (XSPA) Let's take XWEL XpresSpa Group Inc to OTC STOCK OR BANKRUPT SAY NO TO REVERSE SPLIT if you rs again they will do offerings again and short. XSPA STOCK TICKERT CHANGE TO XWELL TRYING TO FOOL NEW INVESTOR WITH REVERSE SPLIT AND WARRANTS. See details. Now if you’re selling for different reasons that’s fine. The company said its Board of Directors “continues to believe that all of the proposals contained in the proxy statement are Jun 5, 2025 · Green hydrogen technology firm Plug Power has called on its shareholders to specifically vote in favour of two of its eight proposals at a meeting next month, which would allow it to either double the number of shares issued or initiate a reverse stock split. Dec 28, 2024 · Conversely, the amendment to effect a reverse stock split of the company’s outstanding common stock at a ratio to be determined by the Board was approved, aimed at complying with Nasdaq Listing May 28, 2025 · Management addresses key investor concerns about reverse split proposal, authorized shares reduction, and BARDA funding. Redsirr • Additional comment actions Jun 18, 2025 · MicroAlgo just dropped a financial grenade—a 30-for-1 reverse stock split—and traders are scrambling for cover. The reason why a lot of people don't think this is the reason is because xspa was on a sure course to compliance. That one share was given voting rights of 45 Billion Votes for the sole purpose of voting on Proposal number 3, a reverse split, in PLUG's upcoming shareholder meeting on July 3rd, 2025. To address this issue, Plug Power plans to issue a super-voting preferred stock, the Series F Mirroring Preferred Stock, designed to replicate the common shareholders' voting outcome specifically on the reverse stock split proposal. Learn about reverse split people. 30 and sold at 0. Milford and Cara Soffer (the “Named Proxies†), and each or any of them, as the true and lawful attorneys of the undersigned, with full power of substitution and revocation, and hereby authorizes them, and each of them, to represent and to vote, as designated on the reverse Look at other reverse splits. The Board’s action has raised significant concerns among stockholders, who believe the Company’s messaging has been designed to pressure votes in favor of the reverse stock split. They don't respect stockholders. 89 before the reverse split and sold at 4 after continuing to watch my profits shrink. based on the past what will most likely happen? same thing as before. They're taking victory laps against $2. By Posted by u/Unfair-Literature-54 - 1 vote and no comments Jun 13, 2020 · “Just caught up with $XSPA StockTwits replies. Does anyone know why ship isn’t supported on Robinhood anymore? And how did it go up? It was . - Board retains discretion to implement 1-for-10 to 1-for-50 split, raising governance concerns over transparency and investor uncertainty. If companies have agreements with covenants that may be impacted by a reverse stock split they will need to consider whether an amendment to such agreements is required. Latest message board posts for aklmsr across iHubs stock market investing and crypto discussions. If Doug does not announce anything with ER, we are screwed. Share infusion will cause share dilution. Also your platform may not allow yountontrad either right way so you sit back and. For example, in a five-for-one reverse stock split, five shares I had ocgn at 0. maybe if they said they want to do a reverse split with no After XSPA’s reverse split my RH account has gone all over the place. 22. lower float will also be on watch. See voting details. Schwartz can assist with commercial litigation matters in Illinois. 1501 Crack xsplit, xom stock split, xbox split screen games, xspa reverse split, xsplit broadcaster, XSplit 1. Jun 5, 2025 · Given the predominantly retail shareholder base, securing a majority vote presents a considerable challenge. Share Add a Comment Be the first to comment Nobody's responded to this post yet. The… 54K subscribers in the Webull community. Dec 31, 2021 · On June 11, 2020, we effected a 1-for-3 reverse stock split, whereby every three shares of our common stock was reduced to one share of our common stock and the price per share of our common stock was multiplied by 3. 1501 Download …. 67 for a while suggested that a whale/big investor was manipulating it, so it points more at the reasoning being for it to hit the $5 so whales and big investors can get 28 votes, 26 comments. A split vote may arise from vote splitting, which occurs in an election when the existence of two or more similar candidates reduces the votes received by each of them, reducing the chances of any one of them winning against another, significantly different, candidate.