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

Shares of noco-noco Inc. (NASDAQ:NCNC) are set 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 market closes on Thursday, December 19th.

noco-noco Stock Performance

NASDAQ NCNC opened at $0.10 on Wednesday. The stock’s 50 day simple moving average is $0.21 and its 200-day simple moving average is $0.19. noco-noco has a 1-year low of $0.08 and a 1-year high of $0.37.

About noco-noco

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.