SNGX - Soligenix to implement 1-for-15 reverse stock split
- Soligenix ( NASDAQ: SNGX ) plans to execute a reverse stock split of its common stock, effective at 4:00 p.m. on February 9, 2023.
- At the effective time of the reverse stock split, every 15 shares of Soligenix's ( SNGX ) issued and outstanding common stock will be converted automatically into one issued and outstanding share of common stock without any change in the par value per share.
- Common stock will begin trading on a split-adjusted basis when the market opens on February 10, 2023. The move will reduce the number of shares outstanding from 43,335,174 to ~2,889,012.
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Soligenix to implement 1-for-15 reverse stock split