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.
For further insights into BPTH corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.