Bio-Path Holdings (BPTH) has released an update to notify the public and investors about the submission of matters to a vote of security holders.
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Bio-Path Holdings, Inc. held a special meeting of stockholders on January 22, 2024, and later reconvened on January 30, 2024, to vote on a reverse stock split of the company’s common stock at a ratio of up to 1-for-50. The proposal was approved by the required vote, with 3,730,378.71 shares voting in favor, 3,189,585.79 shares against, and 42,153.00 shares abstaining.
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For a comprehensive understanding of the announcement, you can read the full document here.