Trust Stamp (IDAI) Announces Action to Address Naked Short-Selling
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Trust Stamp announces proposed action to address suspected naked short-selling
August 24, 2023 9:10 AM EDTATLANTA, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity CompanyTM announced that it is examining measures to address potential illegal short selling of its stock. The Company said that it believes certain individuals and/or companies may have engaged in illicit naked short selling that may have artificially depressed its stock price. Trust Stamps board will consider a number of options to address this activity including the engagement of forensic experts, as well as working with other listed companies and their counsel that have identified similar trading activity in... More
