2023-07-20 08:32:26 ET
- Theratechnologies ( NASDAQ: THTX ) Board of Directors approved a one (1) post- consolidation share for each four pre-consolidation shares.
- The consolidation will be effective on July 31, 2023.
- The company expects its common shares to begin trading on the TSX and the NASDAQ on a consolidated basis on or about July 31, 2023.
- The consolidation is being implemented with the objective of increasing the trading price to allow the company to regain compliance with the minimum bid price requirement of Nasdaq.
For further details see:
Theratechnologies announces 1-for-4 reverse stock split