BTEBY changed to BTEBD due to the reverse split, its a way of marking a place, and will return to BTEBY after 30 days, I believe is the rule. The question I've posed to Carl and am attempting to find out from BNYMellon is, what becomes of these company sponsored ADR shares (BTEBY or BTEBD, not the unsponsored BNIKF) during or after the Nasdaq IPO? This is not an uplisting, but instead an IPO. The silence from both parties leaves me unsettled and to believe that they will simply stop trading, shares held will settle as cash at the price as of close of business the day they stop trading and that I will have to buy BNTC shares on the open market.
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