Nutex Health announced a 1-for-15 reverse stock split of its common stock effective with the market opening on Tuesday April 10. The reverse stock split will take legal effect at 11:59pm Eastern Time on April 9, and the company’s common stock will open for trading on The Nasdaq Capital Market on April 10 on a post-split basis, under the existing ticker symbol “NUTX” but with new CUSIP number 67079U207. The reverse stock split is part of the company’s plan to regain compliance with the minimum bid price requirement for the continued listing on The Nasdaq Capital Market.
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