Longeveron Announces 1-for-10 Reverse Stock Split: Meeting Nasdaq's Minimum Bid Price Requirement

Tuesday, 19 March 2024, 20:07

Longeveron (LGVN) has officially approved a 1-for-10 reverse stock split, in a strategic move to meet Nasdaq's minimum bid price requirement and maintain its listing on the exchange. This decision aims to enhance shareholder value and boost investor confidence, signaling Longeveron's commitment to sustainable growth and continued market presence.
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Longeveron Announces 1-for-10 Reverse Stock Split: Meeting Nasdaq's Minimum Bid Price Requirement

Longeveron Stock Split Announcement

Longeveron (LGVN) has recently announced their approval for a 1-for-10 reverse stock split.

Meeting Nasdaq's Requirement

The move is intended to comply with Nasdaq's minimum bid price requirement for continued listing on the exchange.

Strategic Decision

This decision reflects Longeveron's commitment to shareholder value and market sustainability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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