From video
Interpreted Prediction
Predicted that new regulations would prevent companies from performing back-to-back reverse stock splits, leading to the elimination of extreme abusive reverse split practices.
AI Evaluation Notes
New regulations regarding reverse stock splits were approved by the SEC for Nasdaq and NYSE in January 2025, becoming effective around January 30, 2025. These new rules, particularly Nasdaq's amended Rule 5810(3)(A), impose limitations on the frequency of reverse stock splits and aim to address concerns over their excessive and potentially abusive use.
Prediction Details
Target
New rule against back-to-back reverse splits; cessation of extreme abusive reverse split practices
Predicted
date
Future