SAN RAMON, Calif. — Inc. has filed for a reverse split of its outstanding shares of common stock.

Shares of Finet — a former direct consumer mortgage lender that early last year turned itself into a business-to-business technology provider — have traded between 31 cents and 75 cents since Aug. 1, 2000, the company said in its filing, which “has reduced the attractiveness” of using the stock “to raise financing to support the company’s operations and to increase the company’s net worth and as consideration for potential acquisitions.”

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