Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Orgenesis ( (ORGS) ) has shared an announcement.
Orgenesis Inc. has announced a 1-for-10 reverse stock split effective September 24, 2024, to elevate its share price above the Nasdaq minimum of $1.00 and comply with listing rules. The common stock will trade on a split-adjusted basis from September 25, 2024, under the symbol “ORGS.” This move will proportionally reduce the number of outstanding shares and modify the number of shares linked to options, warrants, and convertible debt. Stockholders will see their holdings adjusted accordingly, with fractional shares paid out in cash, ensuring their percentage ownership remains largely unchanged.
See more insights into ORGS stock on TipRanks’ Stock Analysis page.
