Miami, Fla., Aug. 19, 2025 (GLOBE NEWSWIRE) -- Earth Science Tech, Inc. (OTC: ETST) (“ETST” or the “Company”), a strategic holding company focused on acquiring and scaling high-potential businesses, today announced that its Board of Directors has approved a reduction of the Company’s authorized shares of common stock from 350 million to 300 million.
Related Questions
Will this change influence the stock’s liquidity, price volatility, or valuation multiples compared to peers in the same sector?
What is the strategic rationale behind decreasing authorized shares—does it signal confidence in current cash reserves or a preparation for a stock consolidation?
How will the reduction in authorized shares affect the company’s future capital-raising ability and potential dilution for existing shareholders?