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Sharp Therapeutics Finalizes Share Consolidation to Enhance Capital Structure

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Sharp Therapeutics Finalizes Share Consolidation to Enhance Capital Structure

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The latest announcement is out from Sharp Therapeutics Corp. ( (TSE:SHRX) ).

Sharp Therapeutics Corp. has successfully completed a share consolidation, exchanging every ten pre-consolidation common shares for one post-consolidation share, now trading on the TSXV. This move, approved by shareholders in December 2024, is part of the company’s strategic efforts to optimize its capital structure as it advances its biotechnology innovations.

More about Sharp Therapeutics Corp.

Sharp Therapeutics Corp. is a pre-clinical stage biotechnology company focusing on the development of small-molecule therapeutics for genetic diseases. The company utilizes a discovery platform that combines high throughput screening technologies and computational optimization to create small molecule compounds aimed at restoring activity in mutated proteins, offering potential treatments for genetic disorders.

YTD Price Performance: 109.09%

Average Trading Volume: 500

For a thorough assessment of SHRX stock, go to TipRanks’ Stock Analysis page.

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