DayStar Announces 1 for 7 Reverse Stock Split
DayStar Technologies, Inc. (Nasdaq: DSTI), a developer of solar photovoltaic products based on CIGS thin-film deposition technology, announced information today regarding its reverse stock split.
As previously announced, on March 27, 2012, the Company's stockholders approved a 1-for-7 reverse stock split of its common stock. The reverse stock split will be effective at 5:00 pm, Eastern Time, on April 5, 2012. DayStar's common stock will begin trading on NASDAQ on a split adjusted basis when the market opens on April 9, 2012.
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