JDZG

Upcoming Stock Splits: Several companies, including Pegasystems and TruGolf Holdings, are set to implement stock splits from June 23 to June 27, with Pegasystems executing a 2-for-1 forward split and TruGolf a 1-for-50 reverse split to comply with Nasdaq requirements.

Corporate Strategies: These stock splits reflect companies' strategies to attract investors or maintain exchange listings, as seen with multiple firms like KULR Technology Group and Cellectar Biosciences also announcing reverse splits to meet minimum bid price rules.

Rumble Inc. Investment Announcement: Rumble Inc. shares surged 43.3% in pre-market trading after announcing a $775 million strategic investment from Tether, involving the purchase of 103.33 million shares at $7.50 each.

Pre-Market Stock Movements: Other notable stock movements included Reliance Global Group gaining 234%, Phio Pharmaceuticals rising 88.6%, and several companies experiencing significant declines, such as Conduit Pharmaceuticals falling 28.9%.

Company Compliance Notification: JIADE LIMITED received a notification from Nasdaq stating it is not in compliance with the minimum bid price requirement of $1.00 per share, as its shares have been below this threshold for 30 consecutive business days. The company has until June 16, 2025, to regain compliance.

Business Operations Unaffected: Despite the notification, JIADE LIMITED's business operations remain unaffected, and the company may consider options such as a reverse share split to meet the listing requirements.