Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / articles / why transcode therapeutics rnaz stock is getting ham mwn benzinga

RNAZ - Why TransCode Therapeutics (RNAZ) Stock Is Getting Hammered | Benzinga

TransCode Therapeutics Inc.

TransCode Therapeutics Inc (NASDAQ:RNAZ) shares are trading lower by 40.6% to $0.84 during Monday’s session after the company disclosed plans for a potential reverse stock split in an open letter to its shareholders. The proposal arises from the company’s failure to meet the Minimum Bid Requirement, as its common stock did not close at $1.00 or more for any ten-day period ending May 6.

Nasdaq has consequently notified TransCode Therapeutics of potential delisting, prompting the company to seek shareholder approval for the reverse split. In the event of a reverse split, the Board of Directors would be authorized to take action if they believe it serves the best interests of both the company and its shareholders.

While ...

RNAZ) Stock Is Getting Hammered>Full story available on Benzinga.com
Stock Information
Company Name: TransCode Therapeutics Inc.
Stock Symbol: RNAZ
Market: NASDAQ
Menu
RNAZ RNAZ Quote RNAZ Short RNAZ News RNAZ Articles RNAZ Message Board
Get RNAZ Alerts

News, Short Squeeze, Breakout and More Instantly...