👉 In finance, "renominating" refers to a process where an existing stock is sold and a new one is issued. This can be done through various means such as a reverse takeover or a merger. The term originates from the Latin word "re-nomina," which means to rename or re-name something. In the context of financial markets, renominating refers to the process by which an existing stock is sold and a new one is issued. Renominating can be beneficial for both
