深潮TechFlow|Nov 11, 2026 03:03
[Binance to Support SanDisk's 1-for-8 Stock Split, Simultaneously Adjusting SNDKB Holding] According to TechFlow, on November 11th, Binance announced that it will support SanDisk Corporation's (SNDK) 1-for-8 stock split through its tokenized stock product bStocks. Eligible SNDKB holders will receive 7 additional SNDKB tokens for every 1 they hold, increasing their holdings to eight times their original value. The theoretical price will be adjusted accordingly to one-eighth of the original price.
Binance will suspend SNDKB/USDT spot trading and related deposit and withdrawal services at 08:30 Beijing time on November 20th, and will take a holding snapshot at 09:00 on the same day. Spot trading is expected to resume at 17:00 on the same day, and withdrawal services will resume at 18:00.
In addition, Binance will automatically close and settle SNDKB leveraged lending at 23:00 on November 18, and the relevant cross-account and portfolio margin collateral assets will be converted into USDT or USDC.
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