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Citius Pharmaceuticals宣布25投1的反向股票拆分

2024-11-22 22:14

  • Citius Pharmaceuticals (NASDAQ:CTXR) on Friday announced a reverse stock split of its common stock at a ratio of 1-for-25, effective on November 25.
  • CTXR -19.44% premarket to $0.133.
  • The reverse stock split is intended to increase the per-share trading price of the company's common stock to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share of common stock for continued listing.
  • The reverse stock split will reduce the number of issued and outstanding shares of the company's common stock from about 193 million to nearly 7.7 million.
  • Additionally, the reverse stock split will reduce the number of authorized shares of the company's common stock from 400 million shares to 16 million shares and the ownership percentage of each stockholder will remain unchanged.
  • Source: Press Release

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