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home / news releases / BIOL - BIOLASE announces 1-for-100 reverse stock split


BIOL - BIOLASE announces 1-for-100 reverse stock split

2023-07-26 17:19:32 ET

  • BIOLASE ( NASDAQ: BIOL ) on Wednesday said it would effect a 1-for-100 reverse stock split.
  • The company's common stock will begin trading on a split-adjusted basis on July 28.
  • "The primary purpose of the 1-for-100 reverse stock split is to raise the per-share trading price of the Company's common stock to allow for its continuous listing on the Nasdaq Capital Market, among other benefits," BIOL said in a statement .
  • BIOLASE ( BIOL ) stock earlier closed -7.4% at $0.07.

For further details see:

BIOLASE announces 1-for-100 reverse stock split
Stock Information

Company Name: Biolase Inc.
Stock Symbol: BIOL
Market: NASDAQ
Website: biolase.com

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