An announcement from Longeveron (LGVN) is now available.
Longeveron Inc. shareholders have greenlit an amendment for a reverse stock split of its Class A and B common stock, with a final ratio of 1-for-10 decided by the Board. This transformation, effective on March 26, 2024, consolidates every ten shares into one, elevating the stock value without changing the authorized share count. Fractional shares will round up to whole shares, and the updated Class A stock will trade under a new CUSIP number on Nasdaq starting March 27.
For a thorough assessment of LGVN stock, go to TipRanks’ Stock Analysis page.
