PainReform (PRFX) has released an update.
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PainReform Ltd. has announced a reverse share split of its ordinary shares at a ratio of 1-for-6, set to take place after market close on September 6, 2024. The company’s shares will begin trading on the Nasdaq Capital Market under the new structure from September 9, 2024. This strategic move will result in approximately 1,171,041 ordinary shares issued and outstanding, with adjustments to outstanding options and warrants.
For further insights into PRFX stock, check out TipRanks’ Stock Analysis page.
