Earlyworks (NASDAQ:ELWS) Shares to Reverse Split on Thursday, May 16th

Shares of Earlyworks Co., Ltd (NASDAQ:ELWS) are set to reverse split on the morning of Thursday, May 16th. The 1-5 reverse split was announced on Thursday, May 16th. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, May 16th.

Earlyworks Price Performance

Shares of NASDAQ:ELWS opened at $0.68 on Wednesday. The stock’s 50-day simple moving average is $0.66 and its two-hundred day simple moving average is $0.58. Earlyworks has a 52-week low of $0.37 and a 52-week high of $4.23.

About Earlyworks

Earlyworks Co, Ltd operates as a blockchain-based technology company in Japan. The company builds products, deliver services, and develop solutions based on its proprietary Grid Ledger System to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens.