Scorpius Holdings announces 1-for-20 reverse stock split

Scorpius Holdings announced that the company’s board of directors approved a 1-for-20 reverse stock split of the company’s common stock, to increase the selling price of the company’s common stock in order to maintain compliance with the requirements and policies of the NYSE. The reverse stock split will take legal effect at 12:01 A.M. Eastern Time on January 21, and the company’s common stock will open for trading on the NYSE American on January 21, on a post-split basis, under the existing ticker symbol (SCPX) but with a new CUSIP number 42237K607.