CELZ - Creative Medical Technology Holdings announces reverse stock split to regain compliance

2023-06-09 14:45:02 ET

• Creative Medical Technology Holdings ( NASDAQ: CELZ ) has announced a reverse stock split of its common shares at a ratio of 1 for 10, effective at 9:00 a.m. ET on June 12, 2023.
• The reverse stock split will increase the market price per share of its common stock, bringing the Company into compliance with the $1.00 minimum bid price requirement for maintaining its listing on The Nasdaq Capital Market.
• The reverse stock split will reduce the Company's outstanding common stock from approximately 14.1 million shares to approximately 1.4 million shares.
• CELZ is -23.2% to $0.44
• Source: Press Release

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