Tonix Corporation Executes Reverse Stock Split to Meet NASDAQ Regulations
Thursday, 6 June 2024, 16:42
Tonix Implements Reverse Stock Split
Tonix Corporation has recently undertaken a reverse stock split to address NASDAQ compliance issues.
Enhancing Share Price
- Tonix's decision aims to increase the per-share value to meet NASDAQ's minimum price requirements.
This move is crucial for maintaining the company's listing on the exchange and attracting potential investors.
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