Finch announces reverse stock split to regain Nasdaq compliance
Jun. 09, 2023 7:11 AM ETFinch Therapeutics Group, Inc. (FNCH)By: Deepa Sarvaiya, SA News Editor1 Comment
- Finch Therapeutics (NASDAQ:FNCH) will effect a one-for-30 reverse stock split of its issued and outstanding common stock, effective opening of trading on June 12,
- The reverse stock split is intended to increase the per share trading price of Finch’s common stock to enable Finch to satisfy the minimum price requirement for continued listing on the Nasdaq Global Select Market.
- Source: Press Release