Organvo宣布反向股票分拆;股价下跌

2025-03-19 20:14

Organovo Holdings (NASDAQ:ONVO) said on Wednesday that it will effect a 1-for-12 reverse stock split of its issued and outstanding common stock that will become effective on Thursday, March 20, 2025.
Organovo’s common stock will commence trading on a reverse stock split-adjusted basis at the opening of the market on Friday, March 21, 2025.
Following the reverse stock split, Organovo’s common stock will continue to trade on the Nasdaq Capital Market under the symbol “ONVO”.
At the effective time of the reverse stock split, every twelve shares of Organovo’s issued and outstanding common stock will be automatically converted into one issued and outstanding share of common stock without any change in the par value of $0.001 per share.
This will reduce the number of issued and outstanding shares of common stock from approximately 21.4M to approximately 1.8M. The reverse stock split will not change the authorized number of shares of Organovo’s common stock.
Shares of Organovo Holdings (ONVO) were down more than 16% in pre-market trading.

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