Palisade Bio announced a 1-for-15 reverse split of its common stock effective at 5:00 PM ET on Friday April 5, 2024. The reverse stock split was approved by Palisade Bio’s stockholders at the virtual special meeting of stockholders held on March 25, 2024. The reverse stock split is primarily intended to increase the Company’s per share trading price and bring the Company into compliance with the Nasdaq’s listing requirement regarding minimum share price.
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