The first BNB reserve company WINT was delisted, and the "hoarding strategy" did not work?
Original title: "BNB Reserve Listed Company WINT Delisted, "Hoarding Strategy" Can't Cure All Diseases" Original
author: Wenser, Odaily Planet Daily
No one expected that the "coin hoarding strategy" that has always been regarded as a guideline by listed companies "failed" for the first time - according to U.S. SEC documents, Windtree Therapeutics (WINT), a US stock BNB treasury company, received a notice on August 19 that its common shares would be delisted from the Nasdaq Capital Market and transferred to the OTC market on August 21 because its stock price stayed below $1 for too long, after multiple reverse splits and did not meet the usual grace period.
Affected by this news, WINT's stock price closed down 77.21% and is now trading at $0.11, which has fallen more than 99.98% from its stock price of more than $517 a year ago, compared with its peak price of $567,000 per share at the beginning of its...